Ester Gums Price in Pakistan - 2023
Contents:
Ester Gums Price in Pakistan (CIF) - 2022
In 2022, the average ester gums import price amounted to $2,327 per ton, rising by 10% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16%. As a result, import price attained the peak level of $2,734 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,233 per ton), while the price for Spain ($1,464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Ester Gums Imports in Pakistan
In 2022, the amount of ester gumses imported into Pakistan rose to 395 tons, surging by 4.8% on 2021 figures. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, ester gums imports skyrocketed to $919K in 2022. Over the period under review, imports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
| Import of Ester Gums in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 446 | 393 | 416 | 484 | 2.8% |
| China | 285 | 138 | 184 | 225 | -7.6% |
| United States | 162 | 61.3 | 140 | 147 | -3.2% |
| Spain | 42.0 | 36.6 | 35.9 | 36.8 | -4.3% |
| Others | 19.8 | 24.4 | 18.9 | 25.9 | 9.4% |
| Total | 954 | 654 | 795 | 919 | -1.2% |
Top Suppliers of Ester Gums to Pakistan in 2022:
- Brazil (220.5 tons)
- China (97.6 tons)
- United States (45.6 tons)
- Spain (25.1 tons)
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