Ester Gums Price in the Czech Republic - 2023

Contents:

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

Ester Gums Price in the Czech Republic (FOB) - 2022

The average ester gums export price stood at $5,346 per ton in 2022, with a decrease of -3.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 an increase of 26%. As a result, the export price attained the peak level of $5,565 per ton, and then shrank modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,514 per ton), while the average price for exports to Hungary ($3,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ester Gums Price in the Czech Republic (CIF) - 2022

The average ester gums import price stood at $5,566 per ton in 2022, picking up by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 China ($18,463 per ton), while the price for France ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Exports in the Czech Republic

In 2022, the amount of ester gumses exported from the Czech Republic fell notably to 40 tons, with a decrease of -24.1% against 2021 figures. Overall, exports showed a deep slump. The smallest decline of -7.7% was in 2020.

In value terms, ester gums exports contracted dramatically to $212K in 2022. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 4.7% against the previous year. As a result, the exports reached the peak of $291K, and then contracted sharply in the following year.

Export of Ester Gums in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany75.548.968.245.0-15.8%
Poland10.39.838.440.257.4%
Austria34.991.210435.50.6%
Slovakia27.526.317.628.71.4%
Serbia38.874.432.822.4-16.7%
Spain10.6N/AN/A20.825.2%
Hungary12.56.97.115.37.0%
Russia21.5N/AN/AN/A0%
Slovenia20.3N/AN/AN/A0%
Ukraine12.614.317.2N/A16.8%
Others4.56.15.54.3-1.5%
Total269278291212-7.6%

Top Export Markets for Ester Gums from the Czech Republic in 2022:

  1. Ukraine (undefined tons)
  2. Austria (7.2 tons)
  3. Slovakia (7.2 tons)
  4. Germany (6.0 tons)
  5. Poland (5.4 tons)
  6. Hungary (5.0 tons)
  7. Spain (4.2 tons)
  8. Serbia (4.0 tons)

Ester Gums Imports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in supplies from abroad of ester gumses, which decreased by -53.9% to 15 tons in 2022. Over the period under review, imports showed a sharp slump. The smallest decline of -4.5% was in 2021.

In value terms, ester gums imports contracted remarkably to $85K in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -3.4% was in 2021.

Import of Ester Gums in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.5N/A9.933.6306.6%
Germany61.483.159.229.3-21.9%
United States16.48.111.811.4-11.4%
ChinaN/AN/AN/A5.50%
Greece61.75.90.22.9-63.9%
FranceN/A2.5N/A2.62.0%
SpainN/A21.015.5N/A-26.2%
Finland67.143.361.6N/A-4.2%
Others8.42.22.2N/A-48.8%
Total21616616085.3-26.6%

Top Suppliers of Ester Gums to the Czech Republic in 2022:

  1. Netherlands (7.4 tons)
  2. Germany (5.2 tons)
  3. France (0.9 tons)
  4. Greece (0.8 tons)
  5. United States (0.7 tons)
  6. China (0.3 tons)

Source: IndexBox Market Intelligence Platform

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