Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $54,378 per ton, picking up by 95% against the previous year. Overall, the import price enjoyed buoyant growth. Over the period under review, average import prices reached the peak figure at $75,593 per ton in 2017; however, from 2018 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 Belgium ($78,948 per ton), while the price for the United Arab Emirates ($5,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.2%), while the prices for the other major suppliers experienced a decline.

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

Imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Ethiopia surged to 471 kg in 2022, increasing by 131% on the previous year's figure. Overall, imports, however, saw a noticeable downturn.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $26K in 2022. Over the period under review, imports recorded a significant increase.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A22.80%
United Kingdom3.10.5N/A1.4-23.3%
United Arab Emirates1.5N/AN/A0.7-22.4%
United States5.00.2N/A0.2-65.8%
GermanyN/A32.23.1N/A-90.4%
India1.5N/AN/AN/A0%
ItalyN/AN/A2.6N/A0%
Others3.20.2N/A0.5-46.1%
Total14.333.15.725.621.4%

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

  1. Belgium (289.0 kg)
  2. United Arab Emirates (131.0 kg)
  3. United Kingdom (33.0 kg)
  4. United States (10.0 kg)

Source: IndexBox Market Intelligence Platform

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