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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $53,977 per ton, surging by 85% against the previous year. Over the period under review, the import price posted strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($102,583 per ton), while the price for Spain ($17,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.8%), 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 Sweden (FOB) - 2022

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $21,199 per ton in 2022, falling by -28.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $38,035 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($73,259 per ton), while the average price for exports to Denmark ($10,422 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 Norway (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses imported into Sweden dropped notably to 7.8 tons, reducing by -25.2% against the previous year. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 139%. As a result, imports reached the peak of 10 tons, and then reduced notably in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $422K in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10382.210818421.3%
Finland12.38.616.435.342.1%
South Korea18.618.522.931.218.8%
Thailand14.211.115.124.419.8%
Belgium22.916.619.511.8-19.8%
United Kingdom0.10.385.83.5227.1%
Others6.36.237.7132175.7%
Total17714330642233.6%

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

  1. Germany (4.3 tons)
  2. Thailand (1.3 tons)
  3. Finland (1.0 tons)
  4. South Korea (0.4 tons)
  5. United Kingdom (0.2 tons)
  6. Belgium (0.1 tons)

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

In 2022, approx. 678 kg of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were exported from Sweden; picking up by 75% against the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $14K in 2022. The total export value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2.52.24.05.126.8%
Finland3.84.33.44.23.4%
Norway3.12.63.54.210.7%
Others1.40.70.60.8-17.0%
Total10.89.811.514.410.1%

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

  1. Denmark (491.0 kg)
  2. Finland (114.0 kg)
  3. Norway (58.0 kg)

Source: IndexBox Market Intelligence Platform

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