Price for Pectic Substances; Pectinates and Pectates in Switzerland - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Switzerland (FOB) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Switzerland (CIF) - 2023
- Exports of Pectic Substances; Pectinates and Pectates in Switzerland
- Imports of Pectic Substances; Pectinates and Pectates in Switzerland
Price for Pectic Substances; Pectinates and Pectates in Switzerland (FOB) - 2022
In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $14,770 per ton, dropping by -8.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 14% against the previous year. As a result, the export price attained the peak level of $16,114 per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($22,074 per ton), while the average price for exports to Algeria ($10,568 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 South Africa (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Switzerland (CIF) - 2023
In August 2023, the average import price for pectic substances; pectinates and pectateses amounted to $18,414 per ton, with a decrease of -10.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 an increase of 20% month-to-month. The import price peaked at $20,485 per ton in July 2023, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($24,092 per ton), while the price for Italy ($13,733 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pectic Substances; Pectinates and Pectates in Switzerland
In 2022, overseas shipments of pectic substances; pectinates and pectateses increased by 33% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.1% 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.
In value terms, pectic substances; pectinates and pectates exports surged to $24M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat 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 Pectic Substances; Pectinates and Pectates in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 2.5 | 4.0 | 6.8 | 36.1% |
| Austria | 3.0 | 2.6 | 3.2 | 3.1 | 1.1% |
| United States | 1.9 | 1.5 | 2.9 | 2.3 | 6.6% |
| Poland | 2.6 | 3.1 | 2.0 | 2.3 | -4.0% |
| Italy | 1.3 | 1.3 | 1.1 | 1.4 | 2.5% |
| Finland | 0.8 | 1.0 | 1.0 | 1.0 | 7.7% |
| United Kingdom | 1.5 | 1.0 | 0.6 | 0.9 | -15.7% |
| Canada | N/A | N/A | 0.5 | 0.7 | 40.0% |
| Ireland | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Algeria | 0.4 | 0.3 | 0.3 | 0.6 | 14.5% |
| South Africa | N/A | N/A | N/A | 0.5 | 0% |
| China | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Croatia | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| Others | 6.9 | 5.4 | 2.9 | 2.9 | -25.1% |
| Total | 22.4 | 19.6 | 19.8 | 24.1 | 2.5% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Switzerland in 2022:
- Germany (475.3 tons)
- Poland (205.4 tons)
- Austria (187.2 tons)
- United States (103.2 tons)
- Italy (98.9 tons)
- Finland (60.8 tons)
- Canada (57.5 tons)
- Algeria (54.9 tons)
- United Kingdom (52.1 tons)
- South Africa (45.2 tons)
- Ireland (34.5 tons)
- Croatia (30.1 tons)
- China (27.4 tons)
Imports of Pectic Substances; Pectinates and Pectates in Switzerland
Pectic substances; pectinates and pectates imports into Switzerland soared to 1.1K tons in 2022, growing by 44% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports surged to $19M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 2.4 | 6.8 | 14.1 | 67.5% |
| Italy | 0.5 | 0.4 | 0.7 | 1.9 | 56.0% |
| Denmark | 1.9 | 1.5 | 1.3 | 1.3 | -11.9% |
| Poland | 11.1 | 9.2 | 3.7 | 0.6 | -62.2% |
| Czech Republic | 0.4 | 0.4 | 0.3 | 0.2 | -20.6% |
| Others | 0.3 | 0.6 | 1.0 | 0.4 | 10.1% |
| Total | 17.2 | 14.4 | 13.8 | 18.6 | 2.6% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Switzerland in 2022:
- Germany (903.1 tons)
- Denmark (89.8 tons)
- Italy (62.7 tons)
- Poland (40.9 tons)
- Czech Republic (9.1 tons)
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