Ester Gums Price in the United Arab Emirates - 2021

Contents:

  1. Ester Gums Price in the United Arab Emirates (CIF) - 2022
  2. Ester Gums Price in the United Arab Emirates (FOB) - 2022
  3. Ester Gums Imports in the United Arab Emirates
  4. Ester Gums Exports in the United Arab Emirates

Ester Gums Price in the United Arab Emirates (CIF) - 2022

The average ester gums import price stood at $2,436 per ton in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 67% against the previous year. As a result, import price attained the peak level of $3,806 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,461 per ton), while the price for Belgium ($1,249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced a decline.

Ester Gums Price in the United Arab Emirates (FOB) - 2022

In 2022, the average ester gums export price amounted to $2,051 per ton, increasing by 26% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 2014 when the average export price increased by 125%. As a result, the export price reached the peak level of $2,619 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($10,068 per ton), while the average price for exports to Uganda ($147 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 Yemen (+51.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ester Gums Imports in the United Arab Emirates

In 2022, approx. 353 tons of ester gumses were imported into the United Arab Emirates; reducing by -19.3% against the previous year. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 119%. As a result, imports attained the peak of 437 tons, and then fell notably in the following year.

In value terms, ester gums imports fell to $859K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42%.

Import of Ester Gums in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14735843340440.1%
Netherlands44.650.370.876.719.8%
Greece44.335.621676.119.8%
Sweden3.62.11.073.3173.1%
Portugal63.345.335.562.4-0.5%
Spain45.577.748.152.04.6%
India1.63.444.541.5196.0%
Taiwan (Chinese)19.629.335.533.119.1%
Belgium21.821.326.024.54.0%
China14431.043.312.7-55.5%
BulgariaN/A104N/AN/A0%
Others2.52.53.82.83.8%
Total53776195885917.0%

Top Suppliers of Ester Gums to the United Arab Emirates in 2022:

  1. France (90.6 tons)
  2. Greece (48.6 tons)
  3. Sweden (48.6 tons)
  4. Portugal (40.4 tons)
  5. India (30.3 tons)
  6. Spain (25.4 tons)
  7. Netherlands (20.4 tons)
  8. Belgium (19.6 tons)
  9. Taiwan (Chinese) (18.2 tons)
  10. China (9.3 tons)

Ester Gums Exports in the United Arab Emirates

In 2022, approx. 19 tons of ester gumses were exported from the United Arab Emirates; which is down by -54.7% on the previous year's figure. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 813% against the previous year. As a result, the exports attained the peak of 43 tons, and then fell markedly in the following year.

In value terms, ester gums exports shrank significantly to $40K in 2022. Overall, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 701%. As a result, the exports attained the peak of $69K, and then fell rapidly in the following year.

Export of Ester Gums in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran21.25.213.416.1-8.8%
Sudan1.72.311.915.9110.7%
Uganda2.30.61.51.9-6.2%
NigeriaN/AN/A26.1N/A0%
PhilippinesN/AN/A11.7N/A0%
Others1.10.64.85.874.1%
Total26.38.769.539.714.7%

Top Export Markets for Ester Gums from the United Arab Emirates in 2022:

  1. Uganda (13.1 tons)
  2. Sudan (4.2 tons)
  3. Iran (1.6 tons)

Source: IndexBox Market Intelligence Platform

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