Ester Gums Price in Bulgaria - 2023
Contents:
- Ester Gums Price in Bulgaria (CIF) - 2022
- Ester Gums Price in Bulgaria (FOB) - 2022
- Ester Gums Imports in Bulgaria
- Ester Gums Exports in Bulgaria
Ester Gums Price in Bulgaria (CIF) - 2022
In 2022, the average ester gums import price amounted to $4,280 per ton, surging by 8.5% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ester gums import price increased by +84.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($13,977 per ton), while the price for Greece ($3,132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ester Gums Price in Bulgaria (FOB) - 2022
The average ester gums export price stood at $209 per ton in 2022, waning by -93.6% against the previous year. Overall, the export price faced a sharp curtailment. The pace of growth was the most pronounced in 2013 an increase of 743%. As a result, the export price attained the peak level of $47,634 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($367 per ton), while the average price for exports to Egypt stood at $206 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+0.0%), while the prices for the other major destinations experienced a decline.
Ester Gums Imports in Bulgaria
In 2022, supplies from abroad of ester gumses increased by 262% to 20 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a relatively flat trend pattern.
In value terms, ester gums imports skyrocketed to $86K in 2022. Over the period under review, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ester Gums in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 42.8 | 0% |
| Portugal | 18.0 | 6.9 | 18.3 | 25.2 | 11.9% |
| Greece | N/A | N/A | N/A | 12.5 | 0% |
| Germany | 0.4 | N/A | N/A | 4.5 | 124.1% |
| Turkey | 33.5 | 10.2 | 1.4 | 1.0 | -69.0% |
| Others | N/A | N/A | 2.3 | N/A | 0% |
| Total | 51.8 | 17.1 | 21.9 | 86.0 | 18.4% |
Top Suppliers of Ester Gums to Bulgaria in 2022:
- France (9.0 tons)
- Portugal (6.0 tons)
- Greece (4.0 tons)
- Germany (1.0 tons)
- Turkey (0.1 tons)
Ester Gums Exports in Bulgaria
In 2022, approx. 9.1 tons of ester gumses were exported from Bulgaria; rising by 1,404% compared with the year before. Overall, exports, however, faced a precipitous contraction.
In value terms, ester gums exports reduced to $1.9K in 2022. Over the period under review, exports, however, saw a precipitous slump.
| Export of Ester Gums in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Egypt | N/A | N/A | 1.8 | 0% | |
| Turkey | N/A | 0.7 | 0.1 | -85.7% | |
| United Arab Emirates | 101 | N/A | N/A | 0% | |
| Others | N/A | 1.3 | N/A | 0% | |
| Total | 101 | 2.0 | 1.9 | -86.3% | |
Top Export Markets for Ester Gums from Bulgaria in 2022:
- Egypt (9.0 tons)
- Turkey (0.1 tons)
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