Price for Pectic Substances; Pectinates and Pectates in Japan - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Japan (CIF) - 2023
- Price for Pectic Substances; Pectinates and Pectates in Japan (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Japan
- Exports of Pectic Substances; Pectinates and Pectates in Japan
Price for Pectic Substances; Pectinates and Pectates in Japan (CIF) - 2023
The average import price for pectic substances; pectinates and pectateses stood at $21,567 per ton in July 2023, growing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Denmark ($23,736 per ton) and Germany ($21,681 per ton), while the price for Mexico ($17,911 per ton) and France ($21,092 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Japan (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $11,571 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 196%. As a result, the export price attained the peak level of $168,891 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($21,293 per ton), while the average price for exports to China stood at $10,816 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.1%), while the prices for the other major destinations experienced a decline.
Imports of Pectic Substances; Pectinates and Pectates in Japan
In 2022, overseas purchases of pectic substances; pectinates and pectateses were finally on the rise to reach 2.6K tons after two years of decline. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports expanded to $47M in 2022. Overall, imports, however, saw a perceptible contraction.
| Import of Pectic Substances; Pectinates and Pectates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 23.9 | 25.7 | 20.9 | 24.1 | 0.3% |
| France | 8.3 | 8.4 | 8.5 | 8.3 | 0.0% |
| Mexico | 9.1 | 8.4 | 7.9 | 7.1 | -7.9% |
| Germany | 7.0 | 6.6 | 6.2 | 5.8 | -6.1% |
| Brazil | 0.8 | 0.7 | 0.6 | 0.7 | -4.4% |
| China | 0.6 | 0.6 | 0.7 | 0.6 | 0.0% |
| Others | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Total | 49.8 | 50.3 | 44.9 | 46.9 | -2.0% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Japan in 2022:
- Denmark (1262.9 tons)
- France (457.3 tons)
- Mexico (451.3 tons)
- Germany (347.8 tons)
- Brazil (50.7 tons)
- China (41.1 tons)
Exports of Pectic Substances; Pectinates and Pectates in Japan
Pectic substances; pectinates and pectates exports from Japan contracted dramatically to 12 tons in 2022, waning by -36.3% against the previous year's figure. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. As a result, the exports reached the peak of 19 tons, and then reduced sharply in the following year.
In value terms, pectic substances; pectinates and pectates exports fell remarkably to $141K in 2022. Over the period under review, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $219K, and then shrank significantly in the following year.
| Export of Pectic Substances; Pectinates and Pectates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 129 | 130 | 191 | 124 | -1.3% |
| South Korea | 5.8 | 13.8 | 13.4 | 12.8 | 30.2% |
| Others | 16.3 | 3.1 | 14.9 | 4.0 | -37.4% |
| Total | 152 | 147 | 219 | 141 | -2.5% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Japan in 2022:
- China (11.5 tons)
- South Korea (0.6 tons)
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