Ester Gums Price in Slovakia - 2023
Contents:
- Ester Gums Price in Slovakia (CIF) - 2022
- Ester Gums Price in Slovakia (FOB) - 2022
- Ester Gums Imports in Slovakia
- Ester Gums Exports in Slovakia
Ester Gums Price in Slovakia (CIF) - 2022
In 2022, the average ester gums import price amounted to $5,177 per ton, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2016 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($6,413 per ton), while the price for China ($3,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ester Gums Price in Slovakia (FOB) - 2022
The average ester gums export price stood at $14,393 per ton in 2022, which is down by -88.5% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 219%. As a result, the export price reached the peak level of $183,333 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($14,932 per ton), while the average price for exports to Germany stood at $13,925 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+60.6%), while the prices for the other major destinations experienced a decline.
Ester Gums Imports in Slovakia
In 2022, approx. 53 tons of ester gumses were imported into Slovakia; jumping by 32% on 2021 figures. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ester gums imports skyrocketed to $275K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +71.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ester Gums in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 25.6 | 38.1 | 55.4 | 228 | 107.3% |
| Poland | N/A | 34.3 | 28.9 | 27.5 | -10.5% |
| China | N/A | N/A | N/A | 10.1 | 0% |
| Germany | 33.5 | 8.1 | 14.6 | 5.1 | -46.6% |
| Austria | 20.5 | 30.2 | 38.3 | 4.8 | -38.4% |
| Spain | 45.5 | 31.8 | 40.5 | N/A | -5.7% |
| Finland | 7.3 | N/A | N/A | N/A | 0% |
| Portugal | 18.8 | 17.7 | N/A | N/A | -5.9% |
| Others | 15.8 | N/A | N/A | N/A | 0% |
| Total | 167 | 160 | 178 | 275 | 18.1% |
Top Suppliers of Ester Gums to Slovakia in 2022:
- Czech Republic (42.0 tons)
- Poland (6.5 tons)
- China (3.0 tons)
- Germany (0.9 tons)
- Austria (0.8 tons)
Ester Gums Exports in Slovakia
Ester gums exports from Slovakia surged to 28 kg in 2022, growing by 300% against the year before. In general, exports, however, continue to indicate a dramatic downturn.
In value terms, ester gums exports shrank rapidly to $403 in 2022. Overall, exports, however, faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year.
| Export of Ester Gums in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 235 | 209 | -11.1% |
| France | N/A | N/A | 144 | 194 | 34.7% |
| Czech Republic | 3,650 | 550 | 474 | N/A | -64.0% |
| Others | 5.0 | N/A | 29.0 | N/A | 140.8% |
| Total | 3,655 | 550 | 882 | 403 | -52.0% |
Top Export Markets for Ester Gums from Slovakia in 2022:
- Germany (15.0 kg)
- France (13.0 kg)
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