Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (CIF) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (CIF) - 2022
The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $82,863 per ton in 2022, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 an increase of 25%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($83,643 per ton), while the price for the Netherlands stood at $65,640 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%).
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (FOB) - 2022
The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $47,442 per ton in 2022, with an increase of 46% against the previous year. Overall, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure at $108,667 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 Poland ($128,000 per ton), while the average price for exports to Hungary ($16,600 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+94.1%).
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia
In 2022, overseas purchases of glycosides; rutoside (rutin) and its derivativeses decreased by -67.7% to 640 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of 2 tons, and then declined remarkably in the following year.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses reduced markedly to $53K in 2022. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $145K, and then contracted dramatically in the following year.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.8 | 114 | 142 | 50.4 | -19.3% |
| Netherlands | N/A | N/A | N/A | 1.6 | 0% |
| Others | 0.3 | 0.8 | 3.0 | 1.0 | 49.4% |
| Total | 96.1 | 115 | 145 | 53.0 | -18.0% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Slovakia in 2022:
- China (603.0 kg)
- Netherlands (25.0 kg)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia
For the fourth year in a row, Slovakia recorded growth in shipments abroad of glycosides; rutoside (rutin) and its derivativeses, which increased by 43% to 43 kg in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses soared to $2K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 74.0 | 862 | 1064.9% |
| Italy | N/A | N/A | N/A | 394 | 0% |
| Hungary | 383 | 499 | 420 | 332 | -4.7% |
| Poland | N/A | N/A | N/A | 256 | 0% |
| Latvia | N/A | N/A | N/A | 196 | 0% |
| Sweden | N/A | N/A | 182 | N/A | 0% |
| Others | N/A | N/A | 300 | N/A | 0% |
| Total | 383 | 499 | 976 | 2,040 | 74.6% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Slovakia in 2022:
- Hungary (20.0 kg)
- France (12.0 kg)
- Italy (7.0 kg)
- Poland (2.0 kg)
- Latvia (2.0 kg)
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