Ester Gums Price in France - 2023
Contents:
- Ester Gums Price in France (FOB) - 2022
- Ester Gums Price in France (CIF) - 2023
- Ester Gums Exports in France
- Ester Gums Imports in France
Ester Gums Price in France (FOB) - 2022
In 2022, the average ester gums export price amounted to $2,488 per ton, growing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($3,972 per ton), while the average price for exports to Luxembourg ($1,704 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 Germany (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ester Gums Price in France (CIF) - 2023
In June 2023, the average ester gums import price amounted to $3,054 per ton, reducing by -11.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 14% month-to-month. The import price peaked at $3,462 per ton in May 2023, and then dropped in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Portugal ($3,286 per ton) and Belgium ($3,260 per ton), while the price for Spain ($2,702 per ton) and the Netherlands ($2,758 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ester Gums Exports in France
Ester gums exports from France reduced to 21K tons in 2022, waning by -2.1% on the year before. Overall, exports recorded a mild contraction. The growth pace was the most rapid in 2021 when exports increased by 1.4% against the previous year.
In value terms, ester gums exports skyrocketed to $52M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ester Gums in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 6.1 | 7.2 | 8.4 | 3.8% |
| Spain | 7.1 | 6.3 | 6.7 | 7.9 | 3.6% |
| Poland | 4.9 | 4.8 | 5.7 | 6.7 | 11.0% |
| Italy | 7.7 | 4.7 | 4.5 | 6.3 | -6.5% |
| Sweden | 2.1 | 2.8 | 3.1 | 3.6 | 19.7% |
| Belgium | 0.9 | 1.3 | 1.9 | 2.2 | 34.7% |
| United States | 0.7 | 1.2 | 1.7 | 2.0 | 41.9% |
| United Kingdom | 2.5 | 1.1 | 1.2 | 1.8 | -10.4% |
| Luxembourg | 1.4 | 1.1 | 1.1 | 1.4 | 0.0% |
| Norway | N/A | 1.0 | 1.1 | 1.3 | 14.0% |
| Netherlands | 1.5 | 1.0 | 0.7 | 1.2 | -7.2% |
| Finland | 0.6 | 0.7 | 0.7 | 0.9 | 14.5% |
| Switzerland | 1.0 | 0.8 | 0.4 | 0.8 | -7.2% |
| Others | 5.1 | 5.4 | 6.7 | 8.0 | 16.2% |
| Total | 43.1 | 38.2 | 42.6 | 52.5 | 6.8% |
Top Export Markets for Ester Gums from France in 2022:
- Spain (4.0K tons)
- Poland (3.4K tons)
- Italy (2.6K tons)
- Germany (2.5K tons)
- Sweden (1.8K tons)
- Luxembourg (0.8K tons)
- United States (0.7K tons)
- United Kingdom (0.7K tons)
- Belgium (0.6K tons)
- Norway (0.6K tons)
- Netherlands (0.5K tons)
- Finland (0.4K tons)
- Switzerland (0.4K tons)
Ester Gums Imports in France
In 2022, supplies from abroad of ester gumses decreased by -7% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of 11K tons, and then reduced in the following year.
In value terms, ester gums imports soared to $31M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Ester Gums in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 5.2 | 5.1 | 7.8 | 9.7 | 23.1% |
| Sweden | 4.6 | 5.0 | 6.2 | 7.7 | 18.7% |
| Netherlands | 2.2 | 2.7 | 4.0 | 5.0 | 31.5% |
| Spain | 2.5 | 2.4 | 2.8 | 3.5 | 11.9% |
| Belgium | 0.2 | 0.5 | 1.7 | 2.2 | 122.4% |
| United States | 1.9 | 0.6 | 0.6 | 1.2 | -14.2% |
| Germany | 0.8 | 0.7 | 0.9 | 1.1 | 11.2% |
| Others | 0.7 | 0.5 | 0.7 | 0.9 | 8.7% |
| Total | 18.0 | 17.5 | 24.7 | 31.2 | 20.1% |
Top Suppliers of Ester Gums to France in 2022:
- Sweden (3.2K tons)
- Portugal (2.8K tons)
- Netherlands (1.5K tons)
- Spain (1.4K tons)
- Belgium (0.6K tons)
- Germany (0.3K tons)
- United States (0.1K tons)
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