Gum Arabic Price in Kazakhstan - 2021

Contents:

1. Gum Arabic Price in Kazakhstan (CIF) - 2022
2. Gum Arabic Price in Kazakhstan (FOB) - 2022
3. Gum Arabic Imports in Kazakhstan
4. Gum Arabic Exports in Kazakhstan

Gum Arabic Price in Kazakhstan (CIF) - 2022

In 2022, the average gum arabic import price amounted to $4,065 per ton, picking up by 13% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gum arabic import price decreased by -16.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 45%. As a result, import price attained the peak level of $4,889 per ton. From 2019 to 2022, the average 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 Germany ($6,617 per ton), while the price for Russia ($3,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Gum Arabic Price in Kazakhstan (FOB) - 2022

In 2022, the average gum arabic export price amounted to $20,414 per ton, rising by 635% against the previous year. In general, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($143,000 per ton), while the average price for exports to Kyrgyzstan stood at $5,360 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-3.8%).

Gum Arabic Imports in Kazakhstan

Gum arabic imports into Kazakhstan rose sharply to 12 tons in 2022, picking up by 8.9% on the year before. Overall, imports, however, saw a mild slump.

In value terms, gum arabic imports skyrocketed to $48K in 2022. In general, imports, however, saw a pronounced shrinkage.

Top Suppliers of Gum Arabic to Kazakhstan in 2022:

1. France (6.2 tons)
2. Russia (5.5 tons)
3. Germany (0.2 tons)

Gum Arabic Exports in Kazakhstan

Gum arabic exports from Kazakhstan shrank remarkably to 128 kg in 2022, waning by -26.9% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 99%. As a result, the exports attained the peak of 175 kg, and then fell dramatically in the following year.

In value terms, gum arabic exports surged to $2.6K in 2022. Overall, exports, however, recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Gum Arabic from Kazakhstan in 2022:

1. Kyrgyzstan (114.0 kg)
2. Belarus (14.0 kg)

Source: IndexBox Market Intelligence Platform