Ester Gums Price in Switzerland - 2023

Contents:

1. Ester Gums Price in Switzerland (CIF) - 2022
2. Ester Gums Price in Switzerland (FOB) - 2022
3. Ester Gums Imports in Switzerland
4. Ester Gums Exports in Switzerland

Ester Gums Price in Switzerland (CIF) - 2022

In 2022, the average ester gums import price amounted to $3,340 per ton, jumping by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $3,358 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,573 per ton), while the price for France ($1,630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Switzerland (FOB) - 2022

The average ester gums export price stood at $15,393 per ton in 2022, picking up by 463% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($15,581 per ton), while the average price for exports to Belgium stood at $15,330 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ester Gums Imports in Switzerland

In 2022, after three years of growth, there was significant decline in supplies from abroad of ester gumses, when their volume decreased by -18.9% to 1.1K tons. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%.

In value terms, ester gums imports expanded modestly to $3.7M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Ester Gums to Switzerland in 2022:

1. Netherlands (649.4 tons)
2. France (140.6 tons)
3. Sweden (121.5 tons)
4. Germany (85.1 tons)
5. Finland (35.0 tons)
6. Belgium (20.9 tons)
7. Portugal (9.5 tons)
8. United States (3.3 tons)

Ester Gums Exports in Switzerland

For the third year in a row, Switzerland recorded decline in overseas shipments of ester gumses, which decreased by -97.7% to 363 kg in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The smallest decline of -32.7% was in 2020.

In value terms, ester gums exports fell rapidly to $5.6K in 2022. Overall, exports showed a precipitous contraction. The smallest decline of -25.5% was in 2020.

Top Export Markets for Ester Gums from Switzerland in 2022:

1. Belgium (272.0 kg)
2. Argentina (91.0 kg)

Source: IndexBox Market Intelligence Platform