Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Serbia - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Serbia (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Serbia

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Serbia (CIF) - 2022

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $128,242 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, saw significant growth. The most prominent rate of growth was recorded in 2016 an increase of 64% against the previous year. Over the period under review, average import prices hit record highs at $159,707 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($155,400 per ton), while the price for Ireland ($121,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+61.6%), 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 Serbia

In 2022, supplies from abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -47.6% to 33 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 287%.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves contracted dramatically to $4.2K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 324%. As a result, imports reached the peak of $9.3K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland0.43.94.33.095.7%
Austria1.13.62.60.8-10.1%
GermanyN/A0.40.50.40.0%
Slovenia0.61.40.7N/A8.0%
OthersN/AN/A0.1N/A0%
Total2.29.38.24.224.1%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Serbia in 2022:

  1. Ireland (25.0 kg)
  2. Austria (5.0 kg)
  3. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform

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