Gum Arabic Price in Tunisia - 2022

Contents:

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

Gum Arabic Price in Tunisia (CIF) - 2022

The average gum arabic import price stood at $3,696 per ton in 2022, waning by -19.4% against the previous year. Overall, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 79%. Over the period under review, average import prices reached the maximum at $4,615 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,125 per ton), while the price for Egypt ($520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Gum Arabic Price in Tunisia (FOB) - 2022

The average gum arabic export price stood at $5,143 per ton in 2022, jumping by 126% against the previous year. In general, the export price, however, recorded a deep contraction. The export price peaked at $12,154 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Canada ($6,000 per ton), while the average price for exports to Denmark totaled $3,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-18.9%).

Gum Arabic Imports in Tunisia

In 2022, imports of gum arabics into Tunisia soared to 104 tons, increasing by 38% against 2021 figures. Over the period under review, imports, however, saw a mild descent.

In value terms, gum arabic imports rose notably to $385K in 2022. In general, imports, however, saw a perceptible shrinkage.

Top Suppliers of Gum Arabic to Tunisia in 2022:

1. France (84.1 tons)
2. Indonesia (8.0 tons)
3. Egypt (4.0 tons)
4. Sudan (3.5 tons)
5. Italy (3.1 tons)

Gum Arabic Exports in Tunisia

In 2022, gum arabic exports from Tunisia fell significantly to 7 kg, dropping by -86% against the previous year's figure. Over the period under review, exports recorded a dramatic decline. The smallest decline of -25% was in 2020.

In value terms, gum arabic exports plummeted to $36 in 2022. Overall, exports showed a precipitous setback. The smallest decline of -42.7% was in 2020.

Top Export Markets for Gum Arabic from Tunisia in 2022:

1. Canada (5.0 kg)
2. Denmark (2.0 kg)

Source: IndexBox Market Intelligence Platform