Ester Gums Price in Sri Lanka - 2021
Contents:
Ester Gums Price in Sri Lanka (CIF) - 2022
In 2022, the average ester gums import price amounted to $17,430 per ton, picking up by 208% against the previous year. In general, the import price recorded a significant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 297%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +15.2% per year.
Ester Gums Imports in Sri Lanka
In 2022, overseas purchases of ester gumses increased by 25% to 1.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp descent.
In value terms, ester gums imports surged to $32K in 2022. Overall, imports, however, recorded a drastic downturn.
| Import of Ester Gums in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.1 | 28.6 | 5.7 | 31.7 | -18.3% |
| India | N/A | N/A | 2.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.1 | 28.6 | 8.2 | 31.7 | -18.3% |
Top Suppliers of Ester Gums to Sri Lanka in 2022:
- United States (1814.0 kg)
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