Price for Alkaloids, Vegetable; Caffeine and Its Salts in the United States - 2023

Contents:

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

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

In December 2023, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $13,810 per ton, rising by 19% against the previous month. Over the period under review, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $20,519 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($59,537 per ton), while the price for China ($9,151 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in the United States (FOB) - 2023

The average export price for alkaloids, vegetable; caffeine and its saltses stood at $13,944 per ton in December 2023, with a decrease of -10.6% against the previous month. Over the period under review, the export price saw a perceptible slump. The growth pace was the most rapid in October 2023 an increase of 64% against the previous month. Over the period under review, the average export prices reached the peak figure at $23,836 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Germany ($73,349 per ton), while the average price for exports to Mexico ($9,156 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in the United States

In 2022, imports of alkaloids, vegetable; caffeine and its saltses into the United States reached 9.9K tons, stabilizing at the previous year. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses skyrocketed to $142M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.8% 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 +85.1% against 2019 indices. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.444.653.486.533.4%
Germany25.724.628.733.59.2%
India10.07.211.014.212.4%
Italy2.53.23.83.39.7%
Canada1.11.01.11.817.8%
Mexico0.13.00.91.1122.4%
Others0.92.81.71.723.6%
Total76.886.310114222.7%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to the United States in 2022:

  1. China (5.6K tons)
  2. Germany (2.2K tons)
  3. India (1.3K tons)
  4. Italy (0.4K tons)
  5. Canada (0.2K tons)
  6. Mexico (0.1K tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in the United States

In 2022, approx. 875 tons of alkaloids, vegetable; caffeine and its saltses were exported from the United States; growing by 23% compared with the year before. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses soared to $21M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 105% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil44.18181,8095,359395.3%
Mexico1,3821,0953,6472,80626.6%
Canada1,6401,7392,3762,49715.0%
Japan1,1571,5651,4541,82916.5%
Colombia2,1521534421,392-13.5%
Netherlands8.07.33.8820368.0%
Peru63.542.5282722124.9%
ArgentinaN/A110294663145.5%
Germany15860.749465660.7%
South Africa5.59.4681549363.9%
United Kingdom33915326448012.3%
Belgium43.770.1397467120.3%
South Korea63.913817438982.6%
Others1,4168681,6551,91510.6%
Total8,4726,83013,97320,54234.3%

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

  1. Canada (214.1 tons)
  2. Brazil (168.0 tons)
  3. Mexico (135.8 tons)
  4. Japan (62.0 tons)
  5. Colombia (57.1 tons)
  6. Argentina (34.0 tons)
  7. Peru (28.8 tons)
  8. Germany (21.2 tons)
  9. South Africa (20.1 tons)
  10. Netherlands (18.1 tons)
  11. United Kingdom (18.1 tons)
  12. Belgium (17.8 tons)
  13. South Korea (13.7 tons)

Source: IndexBox Market Intelligence Platform

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