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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $25,083 per ton, picking up by 39% against the previous year. Overall, the import price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the peak figure at $32,715 per ton in 2012; however, from 2013 to 2022, 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 Mexico ($41,952 per ton), while the price for Germany ($7,109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%), 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 the UK (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $28,421 per ton, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2014 an increase of 43% against the previous year. The export price peaked at $29,086 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($37,375 per ton), while the average price for exports to Thailand ($15,918 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 Ukraine (+31.3%), 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 the UK

For the third consecutive year, the UK recorded decline in overseas purchases of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, which decreased by -15.2% to 407 tons in 2022. Over the period under review, imports showed a abrupt setback. The smallest decline of -10.7% was in 2020.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses skyrocketed to $10M in 2022. Overall, imports recorded a abrupt shrinkage.

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

1. Spain (187.2 tons)
2. Morocco (84.8 tons)
3. Italy (34.8 tons)
4. Germany (30.1 tons)
5. China (27.9 tons)
6. United States (10.1 tons)
7. Mexico (6.8 tons)
8. France (6.3 tons)

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

After two years of decline, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses increased by 17% to 34 tons in 2022. Over the period under review, exports, however, continue to indicate a precipitous decrease.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $969K in 2022. In general, exports, however, faced a sharp descent.

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

1. Netherlands (11.2 tons)
2. Germany (10.0 tons)
3. Ireland (5.3 tons)
4. Spain (1.9 tons)
5. Thailand (1.6 tons)
6. Australia (0.8 tons)
7. France (0.5 tons)
8. United States (0.4 tons)
9. South Africa (0.2 tons)
10. Poland (0.2 tons)
11. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform