Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Estonia - 2023
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (CIF) - 2022
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (FOB) - 2022
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (CIF) - 2022
In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $27,888 per ton, falling by -5.2% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -11.4% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 44% against the previous year. The import price peaked at $31,481 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($68,659 per ton), while the price for Italy ($15,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (FOB) - 2022
In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $23,171 per ton, dropping by -28.4% against the previous year. Overall, the export price, however, recorded moderate growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $38,110 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +1.1% per year.
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, when their volume decreased by -8.6% to 1.4 tons. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 1.6 tons, and then reduced in the following year.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank to $40K in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $46K, and then dropped in the following year.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 13.9 | 15.4 | 14.4 | 16.1 | 5.0% |
| Germany | 5.2 | 6.0 | 9.5 | 10.2 | 25.2% |
| France | 5.7 | 6.3 | 7.0 | 6.6 | 5.0% |
| Netherlands | N/A | N/A | 0.1 | 3.0 | 2900.0% |
| Finland | 11.1 | 7.2 | 12.1 | 1.8 | -45.5% |
| Italy | N/A | 1.3 | 1.0 | 0.8 | -21.6% |
| Others | 2.1 | 1.8 | 2.4 | 1.6 | -8.7% |
| Total | 38.1 | 38.1 | 46.4 | 40.2 | 1.8% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Estonia in 2022:
- Latvia (852.0 kg)
- Germany (238.0 kg)
- France (199.0 kg)
- Italy (50.0 kg)
- Netherlands (44.0 kg)
- Finland (29.0 kg)
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia
In 2022, shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -33.9% to 76 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports reached the peak of 115 kg, and then contracted remarkably in the following year.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank markedly to $1.8K in 2022. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 14%.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.5 | 2.9 | 3.5 | 1.7 | -12.1% |
| Finland | N/A | 0.4 | N/A | N/A | 0% |
| Lithuania | 0.6 | 0.2 | 0.2 | N/A | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 3.5 | 3.7 | 1.8 | -15.7% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Estonia in 2022:
- Latvia (75.0 kg)
- Finland (1.0 kg)
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