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

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $5,678 per ton in 2022, falling by -42.8% against the previous year. In general, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 101%. Over the period under review, average import prices reached the maximum at $24,313 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($40,651 per ton), while the price for Pakistan ($3,417 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 (+2.2%), 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 South Africa (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $5,912 per ton, picking up by 21% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 211%. Over the period under review, the average export prices reached the maximum at $24,298 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($20,397 per ton), while the average price for exports to Zambia ($3,744 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into South Africa skyrocketed to 115 tons, increasing by 120% compared with the previous year's figure. Over the period under review, imports continue to indicate prominent growth.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $653K in 2022. In general, imports, however, continue to indicate a sharp contraction.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan15.69.750.8352182.6%
South Korea86.210931.974.5-4.7%
Spain10270.299.371.3-11.3%
Netherlands55.717.370.870.58.2%
India46213875.358.2-49.9%
China1074301352.8-70.3%
AustraliaN/A213N/AN/A0%
United Kingdom3011.90.4N/A-96.4%
Italy33.727032.2N/A-2.3%
Others14916.524.524.3-45.4%
Total1,3121,276520653-20.8%

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

  1. Pakistan (103.0 tons)
  2. South Korea (3.6 tons)
  3. India (3.2 tons)
  4. Spain (2.0 tons)
  5. Netherlands (1.7 tons)
  6. China (0.3 tons)

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

After three years of growth, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -29.1% to 9.1 tons in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 388% against the previous year. As a result, the exports attained the peak of 13 tons, and then fell significantly in the following year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped to $54K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 407% against the previous year. As a result, the exports attained the peak of $63K, and then fell in the following year.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia0.20.88.926.8411.7%
Mozambique2.81.410.59.751.3%
Swaziland0.90.51.36.189.2%
Malawi0.21.02.55.0192.4%
MadagascarN/AN/AN/A1.70%
Democratic Republic of the CongoN/AN/A18.61.1-94.1%
Namibia1.10.40.91.0-3.1%
ZimbabweN/A6.818.2N/A167.6%
Others0.21.41.72.2122.4%
Total5.512.462.653.7113.7%

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

  1. Zambia (7.2 tons)
  2. Mozambique (0.5 tons)
  3. Malawi (0.4 tons)
  4. Democratic Republic of the Congo (0.3 tons)
  5. Swaziland (0.3 tons)
  6. Madagascar (0.2 tons)
  7. Namibia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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