Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the UK - 2023

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (FOB) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (CIF) - 2022
  3. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK
  4. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (FOB) - 2022

The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $38,709 per ton in 2022, shrinking by -53.4% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2017 an increase of 78% against the previous year. As a result, the export price attained the peak level of $88,962 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($80,436 per ton), while the average price for exports to Austria ($12,797 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 Ireland (+7.8%), while the prices for the other major destinations experienced a decline.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (CIF) - 2022

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $67,786 per ton in 2022, picking up by 72% against the previous year. Overall, the import price showed prominent growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 118%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +45.8% per year.

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK

For the fourth year in a row, the UK recorded growth in shipments abroad of glycosides; rutoside (rutin) and its derivativeses, which increased by 247% to 3.9 tons in 2022. Over the period under review, exports posted significant growth. 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 $150K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 193%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.6N/A5.469.7251.9%
Netherlands2.53.28.636.2143.7%
Austria0.7N/AN/A16.5186.7%
France7.59.530.313.120.4%
Slovakia0.83.44.3N/A131.8%
IndonesiaN/A17.728.9N/A63.3%
Poland0.16.03.1N/A456.8%
Others5.615.012.614.737.9%
Total18.754.993.1150100.2%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from the UK in 2022:

  1. United States (1772.0 kg)
  2. Austria (1293.0 kg)
  3. Netherlands (450.0 kg)
  4. France (275.0 kg)

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK

After three years of growth, purchases abroad of glycosides; rutoside (rutin) and its derivativeses decreased by -48.3% to 2.1 tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses dropped to $145K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 65%.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.339.213814468.1%
Netherlands16.736.318.51.6-54.2%
France14.614.70.8N/A-76.6%
Others3.016.06.0N/A41.4%
Total64.610616314530.9%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to the UK in 2022:

  1. China (2.1 tons)

Source: IndexBox Market Intelligence Platform

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