Price for Alkaloids, Vegetable; Caffeine and Its Salts in Spain - 2023

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Spain (FOB) - 2022
  2. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Spain (CIF) - 2023
  3. Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Spain
  4. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Spain

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Spain (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; caffeine and its saltses amounted to $14,939 per ton, surging by 8.3% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alkaloids, vegetable; caffeine and its saltses increased by +12.1% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($44,091 per ton), while the average price for exports to Mexico ($14,054 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 Brazil (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Spain (CIF) - 2023

In December 2023, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $7,546 per ton, shrinking by -43.9% against the previous month. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in April 2023 an increase of 70% m-o-m. As a result, import price reached the peak level of $17,883 per ton. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($60,912 per ton), while the price for the Netherlands ($5,550 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+13.1%), while the prices for the other major suppliers experienced a decline.

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Spain

In 2022, after three years of growth, there was significant decline in shipments abroad of alkaloids, vegetable; caffeine and its saltses, when their volume decreased by -6.9% to 350 tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 9.2%. As a result, the exports attained the peak of 375 tons, and then reduced in the following year.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses reached $5.2M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico7821,4681,5802,26742.6%
Italy3,6002,1748191,509-25.2%
Germany8.130.12,200557309.7%
India4.49.313.8321317.8%
JapanN/A459226247-26.6%
Others17943934232221.6%
Total4,5744,5795,1815,2214.5%

Top Export Markets for Alkaloids, Vegetable; Caffeine and Its Salts from Spain in 2022:

  1. Mexico (161.3 tons)
  2. Italy (104.7 tons)
  3. Germany (37.2 tons)
  4. India (19.9 tons)
  5. Japan (17.3 tons)

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Spain

In 2022, imports of alkaloids, vegetable; caffeine and its saltses into Spain soared to 332 tons, growing by 25% on the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses surged to $5.2M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7369148932,21644.4%
Netherlands2355868211,36079.5%
China49630537372213.3%
Italy25.737.3220474164.2%
France26.135.411411563.9%
Others2051914472669.1%
Total1,7252,0692,8705,15444.0%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Spain in 2022:

  1. Netherlands (143.9 tons)
  2. Germany (102.0 tons)
  3. China (40.0 tons)
  4. Italy (27.9 tons)
  5. France (8.4 tons)

Source: IndexBox Market Intelligence Platform

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