Ester Gums Price in Israel - 2023

Contents:

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

Ester Gums Price in Israel (CIF) - 2022

The average ester gums import price stood at $2,470 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 29%. Over the period under review, average import prices hit record highs at $4,187 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,732 per ton), while the price for Greece ($1,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Israel (FOB) - 2022

In 2022, the average ester gums export price amounted to $2,586 per ton, growing by 68% against the previous year. Overall, the export price, however, showed a pronounced reduction. The export price peaked at $3,794 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($2,586 per ton), while the average price for exports to India totaled $2,586 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.5%).

Ester Gums Imports in Israel

In 2022, ester gums imports into Israel rose remarkably to 648 tons, increasing by 13% against the previous year. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ester gums imports expanded sharply to $1.6M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 79%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Ester Gums in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal41.149.6135776166.3%
France30.7170149602169.7%
Greece4.818.724.7144210.7%
United States20.312.516.367.048.9%
Switzerland413679694N/A29.6%
Others31.439.038411.0-29.5%
Total5419681,4041,60043.5%

Top Suppliers of Ester Gums to Israel in 2022:

  1. Portugal (284.0 tons)
  2. France (220.3 tons)
  3. Greece (113.2 tons)
  4. United States (24.5 tons)

Ester Gums Exports in Israel

In 2022, the amount of ester gumses exported from Israel soared to 104 tons, increasing by 280% on the year before. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ester gums exports surged to $269K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ester Gums in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1910%
ColombiaN/AN/AN/A78.00%
France13.619.821.0N/A24.3%
OthersN/AN/A21.0N/A0%
Total13.619.842.1269170.4%

Top Export Markets for Ester Gums from Israel in 2022:

  1. India (73.9 tons)
  2. Colombia (30.2 tons)

Source: IndexBox Market Intelligence Platform

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