Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Spain - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Spain (FOB) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Spain (CIF) - 2023
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Spain
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Spain
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Spain (FOB) - 2022
The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $5,534 per ton in 2022, reducing by -8.4% against the previous year. Over the period under review, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $6,485 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($54,949 per ton), while the average price for exports to the Czech Republic ($1,308 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 France (+24.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Spain (CIF) - 2023
In November 2023, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $65,467 per ton, with a decrease of -12.7% against the previous month. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 59% m-o-m. The import price peaked at $113K per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($104K per ton), while the price for China ($38,673 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Spain
In 2022, exports of glycosides; rutoside (rutin) and its derivativeses from Spain soared to 8.4K tons, picking up by 38% against 2021. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses surged to $47M in 2022. The total export value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.8 | 7.9 | 10.9 | 12.8 | 23.5% |
| Mexico | 4.2 | 3.6 | 6.8 | 8.4 | 26.0% |
| France | 8.2 | 5.5 | 6.4 | 8.2 | 0.0% |
| Argentina | 2.0 | 2.3 | 2.7 | 3.8 | 23.9% |
| South Korea | 1.2 | 2.3 | 2.3 | 2.9 | 34.2% |
| Italy | 0.7 | 1.2 | 1.2 | 1.8 | 37.0% |
| United States | 1.7 | 2.1 | 1.5 | 1.8 | 1.9% |
| Czech Republic | 0.6 | 0.6 | 0.7 | 1.1 | 22.4% |
| Russia | 2.8 | 5.2 | 0.3 | 0.7 | -37.0% |
| Others | 4.9 | 4.0 | 4.0 | 5.2 | 2.0% |
| Total | 33.2 | 34.7 | 36.9 | 46.6 | 12.0% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Spain in 2022:
- Brazil (2991.6 tons)
- Mexico (1814.3 tons)
- Czech Republic (844.3 tons)
- South Korea (729.8 tons)
- Argentina (632.5 tons)
- United States (484.9 tons)
- Italy (172.1 tons)
- France (148.7 tons)
- Russia (131.1 tons)
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Spain
In 2022, supplies from abroad of glycosides; rutoside (rutin) and its derivativeses decreased by less than 0.1% to 91 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 6.2% against the previous year. As a result, imports reached the peak of 150 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $8.6M in 2022. Overall, imports continue to indicate a mild setback.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.0 | 3.6 | 3.4 | 5.7 | 41.8% |
| Morocco | 6.2 | 5.5 | 2.4 | 1.7 | -35.0% |
| France | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| China | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| Brazil | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 8.9 | 9.9 | 6.8 | 8.6 | -1.1% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Spain in 2022:
- Switzerland (45.3 tons)
- Morocco (27.2 tons)
- China (7.1 tons)
- France (7.0 tons)
- Brazil (3.5 tons)
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