Ester Gums Price in Ireland - 2023

Contents:

  1. Ester Gums Price in Ireland (CIF) - 2022
  2. Ester Gums Price in Ireland (FOB) - 2022
  3. Ester Gums Imports in Ireland
  4. Ester Gums Exports in Ireland

Ester Gums Price in Ireland (CIF) - 2022

The average ester gums import price stood at $6,115 per ton in 2022, growing by 16% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 41% against the previous year. The import price peaked at $9,597 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,869 per ton), while the price for Belgium ($2,690 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Ireland (FOB) - 2022

The average ester gums export price stood at $9,000 per ton in 2022, dropping by -2.4% against the previous year. In general, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 54%. Over the period under review, the average export prices hit record highs at $11,632 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($10,391 per ton), while the average price for exports to Germany ($4,264 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 the United States (+19.3%), while the prices for the other major destinations experienced a decline.

Ester Gums Imports in Ireland

In 2022, the amount of ester gumses imported into Ireland soared to 1.1K tons, rising by 17% on the year before. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, ester gums imports surged to $6.7M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +67.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ester Gums in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.82.83.54.34.2%
Portugal1.00.71.01.617.0%
Mexico0.30.40.30.518.6%
United Kingdom0.1N/A0.10.10.0%
BelgiumN/AN/AN/A0.10%
Others0.3N/AN/A0.1-30.7%
Total5.54.04.96.76.8%

Top Suppliers of Ester Gums to Ireland in 2022:

  1. Portugal (560.8 tons)
  2. United States (397.4 tons)
  3. Mexico (79.0 tons)
  4. United Kingdom (24.4 tons)
  5. Belgium (22.0 tons)

Ester Gums Exports in Ireland

In 2022, ester gums exports from Ireland contracted rapidly to 13 tons, waning by -61.9% compared with the previous year's figure. In general, exports faced a significant decrease. The growth pace was the most rapid in 2021 with an increase of 116%.

In value terms, ester gums exports fell notably to $113K in 2022. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 130%.

Export of Ester Gums in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.611623294.4173.8%
Germany12.313.016.010.6-4.8%
United States490N/AN/A8.2-74.4%
UruguayN/AN/A56.4N/A0%
Others0.12.8N/AN/A2700.0%
Total507132304113-39.4%

Top Export Markets for Ester Gums from Ireland in 2022:

  1. France (9.1 tons)
  2. Germany (2.5 tons)
  3. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Ester gums - Ireland