Price for Pectic Substances; Pectinates and Pectates in Saudi Arabia - 2021
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Saudi Arabia (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Saudi Arabia (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Saudi Arabia
- Exports of Pectic Substances; Pectinates and Pectates in Saudi Arabia
Price for Pectic Substances; Pectinates and Pectates in Saudi Arabia (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $14,864 per ton in 2021, with a decrease of -4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure at $15,477 per ton in 2020, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($16,936 per ton), while the price for the Czech Republic totaled $14,566 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Saudi Arabia (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $10,464 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2018 to 2022, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.
Imports of Pectic Substances; Pectinates and Pectates in Saudi Arabia
Pectic substances; pectinates and pectates imports into Saudi Arabia reduced to 381 tons in 2021, falling by -6.7% on 2020 figures. In general, imports saw a perceptible downturn. The smallest decline of -2.2% was in 2020.
In value terms, pectic substances; pectinates and pectates imports contracted to $5.7M in 2021. Overall, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3.8% against the previous year. As a result, imports attained the peak of $6.3M, and then reduced in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Czech Republic | 3.9 | 4.4 | 4.6 | 8.6% | |
| Denmark | 0.7 | 0.5 | 0.6 | -7.4% | |
| Switzerland | 0.9 | 1.0 | N/A | 11.1% | |
| Others | 0.6 | 0.4 | 0.5 | -8.7% | |
| Total | 6.1 | 6.3 | 5.7 | -3.3% | |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Saudi Arabia in 2022:
- Czech Republic (313.9 tons)
- Denmark (34.0 tons)
Exports of Pectic Substances; Pectinates and Pectates in Saudi Arabia
In 2022, the amount of pectic substances; pectinates and pectateses exported from Saudi Arabia skyrocketed to 957 kg, increasing by 347% against the previous year's figure. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates exports skyrocketed to $10K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pectic Substances; Pectinates and Pectates in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| India | N/A | 8.9 | 0% | ||
| Pakistan | 2.2 | N/A | 0% | ||
| Others | N/A | 1.1 | 0% | ||
| Total | 2.2 | 10.0 | 354.5% | ||
Top Export Markets for Pectic Substances; Pectinates and Pectates from Saudi Arabia in 2022:
- India (885.0 kg)
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