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

Contents:

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

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Spain (CIF) - 2023

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $123K per ton in September 2023, declining by -6.9% against the previous month. In general, the import price, however, continues to indicate modest growth. The pace of growth was the most pronounced in February 2023 when the average import price increased by 6.7% against the previous month. The import price peaked at $132K per ton in August 2023, and then dropped in the following month.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From September 2022 to September 2023, the rate of growth in terms of prices for India amounted to +1.2% per month.

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

In 2022, the average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $176,145 per ton, rising by 30% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 149%. Over the period under review, the average export prices hit record highs at $1,396,045 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($1,167,967 per ton), while the average price for exports to Italy ($95,222 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 Portugal (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Spain

In 2022, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves into Spain expanded rapidly to 33 tons, picking up by 8.2% on the year before. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves dropped to $3.8M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $3.9M, and then contracted modestly in the following year.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5322,3833,1923,04178.8%
India76.545.040841075.0%
Germany929384257207-39.4%
FranceN/A8.232.4102252.7%
Georgia1,573N/AN/AN/A0%
Others16117734.79.4-61.2%
Total3,2712,9973,9233,7694.8%

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

  1. Netherlands (26.7 tons)
  2. India (4.0 tons)
  3. Germany (1.4 tons)
  4. France (0.9 tons)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Spain

In 2022, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves from Spain shrank markedly to 2 tons, which is down by -58.3% against 2021 figures. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 750% against the previous year. As a result, the exports reached the peak of 4.8 tons, and then shrank markedly in the following year.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves reduced notably to $352K in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year. As a result, the exports attained the peak of $703K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal616687358175-34.3%
Italy42.311.529516256.5%
BrazilN/AN/AN/A15.40%
Others0.74.6N/AN/A557.1%
Total659703653352-18.9%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Spain in 2022:

  1. Italy (1700.0 kg)
  2. Brazil (150.0 kg)
  3. Portugal (150.0 kg)

Source: IndexBox Market Intelligence Platform

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