Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan - 2023
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan (CIF) - 2023
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan (FOB) - 2022
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan (CIF) - 2023
In November 2023, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $23,481 per ton, dropping by -1.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 14% month-to-month. As a result, import price reached the peak level of $28,197 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($50,748 per ton), while the price for Indonesia ($16,674 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), 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 Japan (FOB) - 2022
In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $46,769 per ton, approximately reflecting the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 8.5% against the previous year. Over the period under review, the average export prices hit record highs at $52,917 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($69,414 per ton), while the average price for exports to Malaysia ($26,305 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 Thailand (+4.0%), 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 Japan
In 2022, approx. 1.8K tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were imported into Japan; with an increase of 12% against 2021 figures. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses rose rapidly to $41M in 2022. Over the period under review, imports, however, recorded a mild contraction.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 16.3 | 14.8 | 13.9 | 13.2 | -6.8% |
| South Korea | 9.1 | 7.6 | 9.2 | 9.0 | -0.4% |
| Morocco | 7.5 | 7.8 | 8.4 | 7.3 | -0.9% |
| China | 4.3 | 3.1 | 3.2 | 6.5 | 14.8% |
| Indonesia | 3.0 | 2.5 | 2.7 | 3.7 | 7.2% |
| Spain | 2.0 | 2.5 | 0.8 | 0.7 | -29.5% |
| Others | 0.4 | 0.4 | 0.3 | 0.6 | 14.5% |
| Total | 42.6 | 38.7 | 38.5 | 41.0 | -1.3% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Japan in 2022:
- Chile (545.0 tons)
- China (393.5 tons)
- South Korea (326.6 tons)
- Morocco (264.0 tons)
- Indonesia (229.3 tons)
- Spain (23.8 tons)
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan
In 2022, the amount of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses exported from Japan fell rapidly to 31 tons, which is down by -16.9% against the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 38 tons, and then fell significantly in the following year.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses reduced dramatically to $1.5M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of $1.7M, and then shrank remarkably in the following year.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 373 | 361 | 434 | 391 | 1.6% |
| Netherlands | 127 | 214 | 196 | 152 | 6.2% |
| France | 3.5 | 50.2 | 420 | 147 | 247.6% |
| Taiwan (Chinese) | 150 | 59.5 | 127 | 138 | -2.7% |
| Indonesia | N/A | N/A | 3.3 | 112 | 3293.9% |
| Vietnam | 190 | 30.8 | 114 | 104 | -18.2% |
| China | 53.8 | 98.9 | 52.9 | 86.6 | 17.2% |
| Australia | 58.2 | 27.1 | 63.9 | 78.8 | 10.6% |
| Malaysia | 101 | 74.8 | 73.4 | 52.6 | -19.5% |
| South Korea | 75.9 | 52.7 | 40.2 | 42.8 | -17.4% |
| Thailand | 49.6 | 3.2 | 13.8 | 39.5 | -7.3% |
| Hong Kong SAR | 37.8 | 18.5 | 50.0 | 35.3 | -2.3% |
| Belgium | N/A | 99.5 | 41.7 | N/A | -58.1% |
| Others | 221 | 323 | 108 | 87.1 | -26.7% |
| Total | 1,442 | 1,412 | 1,738 | 1,466 | 0.6% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Japan in 2022:
- United States (5.6 tons)
- France (4.6 tons)
- Taiwan (Chinese) (3.7 tons)
- Netherlands (2.6 tons)
- Australia (2.3 tons)
- Indonesia (2.2 tons)
- Malaysia (2.0 tons)
- Vietnam (1.8 tons)
- China (1.6 tons)
- South Korea (1.1 tons)
- Hong Kong SAR (0.8 tons)
- Thailand (0.7 tons)
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