Ester Gums Price in Poland - 2023

Contents:

  1. Ester Gums Price in Poland (CIF) - 2023
  2. Ester Gums Price in Poland (FOB) - 2022
  3. Ester Gums Imports in Poland
  4. Ester Gums Exports in Poland

Ester Gums Price in Poland (CIF) - 2023

In June 2023, the average ester gums import price amounted to $3,049 per ton, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 an increase of 31% m-o-m. As a result, import price reached the peak level of $3,641 per ton. From January 2023 to June 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 Mexico ($4,496 per ton), while the price for France ($1,838 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Poland (FOB) - 2022

In 2022, the average ester gums export price amounted to $3,385 per ton, increasing by 29% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2013 an increase of 46%. As a result, the export price attained the peak level of $6,679 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,385 per ton), while the average price for exports to Belarus ($3,117 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 Russia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ester Gums Imports in Poland

In 2022, supplies from abroad of ester gumses decreased by -24.2% to 5.6K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5%. As a result, imports reached the peak of 7.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ester gums imports soared to $17M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ester Gums in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.10.21.44.6258.3%
France3.64.74.64.14.4%
Netherlands3.45.94.93.3-1.0%
Portugal0.91.41.41.621.1%
Spain0.90.41.21.313.0%
Finland0.40.40.10.3-9.1%
Sweden0.90.2N/A0.3-30.7%
United Kingdom2.8N/AN/AN/A0%
Others0.50.50.71.130.1%
Total13.613.714.316.66.9%

Top Suppliers of Ester Gums to Poland in 2022:

  1. United Kingdom (undefined tons)
  2. France (1922.2 tons)
  3. Netherlands (1336.9 tons)
  4. Mexico (1044.7 tons)
  5. Portugal (533.1 tons)
  6. Spain (348.7 tons)
  7. Finland (112.5 tons)
  8. Sweden (107.0 tons)

Ester Gums Exports in Poland

In 2022, the amount of ester gumses exported from Poland surged to 180 tons, rising by 37% on 2021. Over the period under review, exports, however, saw a sharp reduction.

In value terms, ester gums exports surged to $609K in 2022. Overall, exports, however, faced a precipitous shrinkage.

Export of Ester Gums in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus1,08616995.7340-32.1%
Ukraine14012020720213.0%
Russia31.718.41.133.01.3%
Others28.115.539.934.26.8%
Total1,285323344609-22.0%

Top Export Markets for Ester Gums from Poland in 2022:

  1. Belarus (109.0 tons)
  2. Ukraine (58.3 tons)
  3. Russia (5.2 tons)

Source: IndexBox Market Intelligence Platform

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