Price for Glycosides; Rutoside (Rutin) and Its Derivatives in India - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in India (CIF) - 2023
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in India (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in India
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in India
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in India (CIF) - 2023
In November 2023, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $35,155 per ton, falling by -59.8% against the previous month. In general, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in March 2023 an increase of 191% against the previous month. As a result, import price reached the peak level of $107K per ton. From April 2023 to November 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +1.1% per month.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in India (FOB) - 2022
In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $153,819 per ton, rising by 268% against the previous year. Overall, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($202,712 per ton), while the average price for exports to Germany ($54,133 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 Switzerland (+164.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in India
Imports of glycosides; rutoside (rutin) and its derivativeses into India soared to 90 tons in 2022, increasing by 43% against 2021. Over the period under review, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 183% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $6.9M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Glycosides; Rutoside (Rutin) and Its Derivatives in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.9 | N/A | 2.8 | 4.2 | 67.1% |
China | 0.2 | 0.1 | 1.2 | 2.7 | 138.1% |
Switzerland | 1.5 | 2.0 | N/A | N/A | 33.3% |
Vietnam | N/A | N/A | 0.5 | N/A | 0% |
Bangladesh | N/A | N/A | 0.3 | N/A | 0% |
Netherlands | 0.8 | N/A | N/A | N/A | 0% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 3.7 | 2.1 | 4.8 | 6.9 | 23.1% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to India in 2022:
- China (56.7 tons)
- Germany (33.0 tons)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in India
In 2022, shipments abroad of glycosides; rutoside (rutin) and its derivativeses decreased by -93.2% to 613 kg, falling for the second consecutive year after two years of growth. In general, exports, however, saw temperate growth. The pace of growth was the most pronounced in 2020 with an increase of 1,773%. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses fell sharply to $94K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,475% against the previous year. As a result, the exports reached the peak of $711K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Glycosides; Rutoside (Rutin) and Its Derivatives in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | N/A | 4.8 | 12.1 | 53.5 | 233.9% |
Argentina | N/A | N/A | 11.8 | 25.3 | 114.4% |
Egypt | N/A | 0.7 | N/A | 9.3 | 264.5% |
Ghana | N/A | N/A | N/A | 4.3 | 0% |
Germany | 31.0 | N/A | 0.2 | 0.8 | -70.4% |
Russia | 3.0 | 645 | 345 | 0.5 | -45.0% |
Brazil | 1.9 | 23.5 | 7.4 | N/A | 97.4% |
Turkey | N/A | 16.4 | 0.2 | N/A | -98.8% |
Ukraine | N/A | 15.5 | 1.0 | N/A | -93.5% |
Others | 9.2 | 4.8 | 0.1 | 0.5 | -62.1% |
Total | 45.2 | 711 | 378 | 94.3 | 27.8% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from India in 2022:
- Switzerland (264.0 kg)
- Argentina (150.0 kg)
- Egypt (112.0 kg)
- Ghana (50.0 kg)
- Germany (15.0 kg)
- Russia (4.0 kg)
- Turkey (1.0 kg)
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