Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany - 2023
Contents:
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany (CIF) - 2023
- Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany (CIF) - 2023
The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $656K per ton in October 2023, rising by 431% against the previous month. Over the period under review, the import price enjoyed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($3.0M per ton), while the price for China ($253K per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany
In 2022, purchases abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -48% to 14 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 136%. As a result, imports reached the peak of 28 tons, and then declined rapidly in the following year.
In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves declined remarkably to $1.6M in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 125%. As a result, imports reached the peak of $3.4M, and then reduced notably in the following year.
| Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 710 | 1,130 | 2,649 | 1,499 | 28.3% |
| France | 1.6 | 7.1 | 28.0 | 31.3 | 169.4% |
| India | 129 | 197 | 588 | 24.1 | -42.8% |
| United Kingdom | 25.8 | 82.8 | 3.5 | 6.2 | -37.8% |
| Indonesia | 215 | 9.2 | 2.9 | 5.5 | -70.5% |
| Others | 90.2 | 67.3 | 91.0 | 76.2 | -5.5% |
| Total | 1,172 | 1,493 | 3,363 | 1,642 | 11.9% |
Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Germany in 2022:
- Netherlands (13.5 tons)
- France (0.3 tons)
- India (0.2 tons)
- United Kingdom (0.1 tons)
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