Ester Gums Price in Chile - 2023
Contents:
- Ester Gums Price in Chile (CIF) - 2022
- Ester Gums Price in Chile (FOB) - 2022
- Ester Gums Imports in Chile
- Ester Gums Exports in Chile
Ester Gums Price in Chile (CIF) - 2022
The average ester gums import price stood at $2,763 per ton in 2022, with an increase of 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,025 per ton), while the price for Brazil ($2,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ester Gums Price in Chile (FOB) - 2022
The average ester gums export price stood at $4,824 per ton in 2022, rising by 78% against the previous year. In general, the export price enjoyed a prominent 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +6.1% per year.
Ester Gums Imports in Chile
In 2022, the amount of ester gumses imported into Chile soared to 439 tons, picking up by 56% compared with the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.3% against 2020 indices.
In value terms, ester gums imports surged to $1.2M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, 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 Ester Gums in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 57.9 | 175 | 148 | 539 | 110.4% |
| Argentina | 294 | 414 | 251 | 486 | 18.2% |
| United States | 265 | 234 | 93.8 | 119 | -23.4% |
| Mexico | 70.6 | 73.7 | 69.0 | 63.5 | -3.5% |
| France | 148 | 6.0 | 5.4 | 3.2 | -72.1% |
| Others | 37.2 | 40.7 | 27.7 | 4.4 | -50.9% |
| Total | 872 | 943 | 595 | 1,214 | 11.7% |
Top Suppliers of Ester Gums to Chile in 2022:
- Brazil (217.0 tons)
- Argentina (193.7 tons)
- United States (19.4 tons)
- Mexico (8.2 tons)
- France (0.4 tons)
Ester Gums Exports in Chile
In 2022, the amount of ester gumses exported from Chile contracted remarkably to 1.3 tons, which is down by -59.9% on the year before. Overall, exports recorded a significant curtailment. The smallest decline of -37.5% was in 2021.
In value terms, ester gums exports shrank rapidly to $6.3K in 2022. In general, exports faced a precipitous setback. The smallest decline of -22.3% was in 2021.
| Export of Ester Gums in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 6.3 | 0% |
| Argentina | 17.6 | 10.9 | 8.7 | N/A | -29.7% |
| Bolivia | 0.7 | 0.5 | 0.2 | N/A | -46.5% |
| Brazil | 14.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.7 | 11.4 | 8.9 | 6.3 | -42.2% |
Top Export Markets for Ester Gums from Chile in 2022:
- United States (1.3 tons)
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