Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Mexico - 2023

Contents:

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

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

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $24,039 per ton in 2022, picking up by 31% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 1,228%. As a result, the export price reached the peak level of $343,035 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($27,955 per ton), while the average price for exports to the United States stood at $23,479 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $32,875 per ton, increasing by 47% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 increased by +70.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.5% per year.

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

In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Mexico dropped sharply to 4.8 tons, which is down by -96.4% on the previous year's figure. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 111%.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank markedly to $116K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.11.32.50.1-68.2%
GuatemalaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.11.32.50.1-68.2%

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

  1. United States (4.2 tons)
  2. Guatemala (0.6 tons)

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

In 2022, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -85.5% to 1.4 tons, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of 71 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses fell dramatically to $45K in 2022. Overall, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States56.310348.945.0-7.2%
Spain9041,264162N/A-57.7%
China98.6N/AN/AN/A0%
Others8.15.21.6N/A-55.6%
Total1,0671,37321245.0-65.2%

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

  1. United States (1.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products - Mexico