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

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $23,587 per ton in 2022, reducing by -36.6% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. As a result, import price reached the peak level of $46,861 per ton. From 2014 to 2022, the average import prices remained at a 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 Germany ($46,942 per ton), while the price for Poland ($10,220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $30,303 per ton, picking up by 2.6% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The export price peaked at $62,778 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($32,062 per ton), while the average price for exports to Bulgaria stood at $16,083 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-4.0%), 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 Romania

In 2022, approx. 7.3 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were imported into Romania; picking up by 31% compared with 2021. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses contracted rapidly to $172K in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $208K, and then dropped notably in the following year.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy30.235.552.846.715.6%
Germany32.736.954.741.88.5%
Belgium44.137.548.737.6-5.2%
Poland7.910.821.333.561.9%
Czech RepublicN/AN/AN/A4.70%
Netherlands16.915.83.90.7-65.4%
Spain9.617.420.70.6-60.3%
Others1.91.55.56.248.3%
Total1431552081726.3%

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

  1. Poland (3279.0 kg)
  2. Italy (1755.0 kg)
  3. Belgium (1077.0 kg)
  4. Germany (891.0 kg)
  5. Czech Republic (200.0 kg)
  6. Netherlands (16.0 kg)
  7. Spain (10.0 kg)

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

After three years of growth, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -54.6% to 109 kg in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 411% against the previous year. As a result, the exports reached the peak of 240 kg, and then shrank sharply in the following year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses contracted markedly to $3.3K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 237%. As a result, the exports reached the peak of $7.1K, and then contracted rapidly in the following year.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova0.92.16.63.151.0%
Bulgaria0.3N/A0.50.2-12.6%
Cyprus0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.42.17.13.333.1%

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

  1. Moldova (97.0 kg)
  2. Bulgaria (12.0 kg)

Source: IndexBox Market Intelligence Platform

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