Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina - 2023

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (CIF) - 2022

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $94,304 per ton in 2022, which is down by -29% against the previous year. Overall, the import price saw a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $185,358 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($120,973 per ton), while the price for Morocco ($69,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (FOB) - 2022

In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $61,500 per ton, dropping by -13.1% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 448%. The export price peaked at $111,704 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($79,000 per ton), while the average price for exports to Uruguay ($47,000 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 Chile (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina

In 2022, approx. 52 tons of glycosides; rutoside (rutin) and its derivativeses were imported into Argentina; rising by 20% compared with the previous year's figure. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 121%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses dropped to $4.9M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports attained the peak of $5.7M, and then dropped in the following year.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5551,1761,0932,83872.3%
China5586972,17698120.7%
Morocco23226445997161.2%
Others1,0491,4641,96673.2-58.8%
Total2,3943,6005,6934,86426.7%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Argentina in 2022:

  1. Spain (23.5 tons)
  2. Morocco (14.1 tons)
  3. China (13.3 tons)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina

In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses exported from Argentina amounted to 4 kg, approximately mirroring the previous year's figure. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses contracted to $246 in 2022. Overall, exports recorded a abrupt descent.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile74.077.079.079.02.2%
Paraguay75.074.071.068.0-3.2%
Free Zones11690.069.052.0-23.5%
Uruguay11286.064.047.0-25.1%
OthersN/AN/AN/AN/A0%
Total377327283246-13.3%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Argentina in 2022:

  1. Paraguay (1.0 kg)
  2. Free Zones (1.0 kg)
  3. Chile (1.0 kg)
  4. Uruguay (1.0 kg)

Source: IndexBox Market Intelligence Platform

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