Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Bulgaria - 2023

Contents:

  1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (CIF) - 2022
  2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (FOB) - 2022
  3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria
  4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,162 per ton, surging by 16% against the previous year. Overall, the import price, however, showed a mild setback. Over the period under review, average import prices attained the peak figure at $20,638 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($60,000 per ton), while the price for China ($13,265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (FOB) - 2022

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $19,124 per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $37,019 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 Belgium ($60,561 per ton), while the average price for exports to Georgia ($15,180 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria

In 2022, overseas purchases of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -50.4% to 3 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 26%.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank remarkably to $55K in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy54.757.442.618.2-30.7%
China14.512.725.613.3-2.8%
Germany9.911.911.09.4-1.7%
Spain1.910.612.58.866.7%
Netherlands0.3N/A2.92.8110.5%
GreeceN/AN/AN/A2.10%
OthersN/AN/A1.30.3-76.9%
Total81.492.695.954.9-12.3%

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Bulgaria in 2022:

  1. Italy (1075.0 kg)
  2. China (1000.0 kg)
  3. Spain (600.0 kg)
  4. Germany (204.0 kg)
  5. Greece (95.0 kg)
  6. Netherlands (46.0 kg)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria

In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Bulgaria declined markedly to 1.8 tons, waning by -86.4% on the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 627%. As a result, the exports attained the peak of 13 tons, and then dropped notably in the following year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped notably to $34K in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 353% against the previous year. As a result, the exports attained the peak of $194K, and then reduced markedly in the following year.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia22.120.843.822.81.0%
CroatiaN/AN/A3.13.36.5%
Belgium1.10.93.02.531.5%
United StatesN/A10.70.82.2-54.7%
United Kingdom0.63.1N/A1.638.7%
Greece12.26.6N/A1.5-50.3%
North Macedonia6.70.72.0N/A-45.4%
TurkeyN/AN/A139N/A0%
Others0.4N/A2.40.1-37.0%
Total43.242.719434.0-7.7%

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Bulgaria in 2022:

  1. Georgia (1504.0 kg)
  2. United States (65.0 kg)
  3. Greece (64.0 kg)
  4. Croatia (55.0 kg)
  5. United Kingdom (47.0 kg)
  6. Belgium (41.0 kg)

Source: IndexBox Market Intelligence Platform

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