Ester Gums Price in Russia - 2022

Ester Gums Price in Russia (CIF) - 2022

The average ester gums import price stood at $2,578 per ton in January 2022, waning by -8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in August 2021 an increase of 15% month-to-month. The import price peaked at $2,803 per ton in December 2021, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,921 per ton), while the price for Sweden ($2,158 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Russia (FOB) - 2022

The average ester gums export price stood at $938 per ton in 2021, reducing by -56.7% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 47%. The export price peaked at $2,972 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($2,965 per ton), while the average price for exports to Kazakhstan ($838 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-4.9%), while the prices for the other major destinations experienced a decline.

Ester Gums Imports in Russia

In 2022, purchases abroad of ester gumses was finally on the rise to reach 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback.

In value terms, ester gums imports rose rapidly to $6.9M in 2022. In general, imports, however, continue to indicate a abrupt contraction.

Import of Ester Gums in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	4.5	3.6	2.4	3.7	-6.3%
Finland	1.3	1.8	1.8	1.9	13.5%
Sweden	1.3	0.8	0.5	0.5	-27.3%
Germany	0.1	0.1	0.2	0.4	58.7%
China	0.3	0.2	0.3	0.3	0.0%
Portugal	0.3	0.3	0.3	N/A	0.0%
Brazil	0.8	0.2	0.8	N/A	0.0%
Others	0.4	0.3	0.1	N/A	-50.0%
Total	9.0	7.4	6.3	6.9	-8.5%

Top Suppliers of Ester Gums to Russia in 2022:

Belarus (2032.3 tons)
Finland (1033.9 tons)
Sweden (325.6 tons)
China (157.9 tons)
Germany (61.4 tons)

Ester Gums Exports in Russia

Ester gums exports from Russia fell significantly to 179 tons in 2021, with a decrease of -40.7% on 2020. In general, exports faced a precipitous descent. The smallest decline of -28.4% was in 2020.

In value terms, ester gums exports declined sharply to $168K in 2021. Over the period under review, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, the exports attained the peak of $653K, and then declined remarkably in the following year.