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

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in France (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in France (FOB) - 2023
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in France
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in France

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

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $63,402 per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2020 when the average import price increased by 15%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Hungary ($66,851 per ton), while the price for Germany ($17,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In October 2023, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $102K per ton, falling by -5.2% against the previous month. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in June 2023 an increase of 74% month-to-month. The export price peaked at $119K per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($113K per ton), while the average price for exports to Italy ($73,775 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, France recorded growth in supplies from abroad of glycosides; rutoside (rutin) and its derivativeses, which increased by 32% to 580 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.9% 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 +109.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 53%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $37M in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2.916.818.024.3103.1%
Spain8.86.35.78.7-0.4%
China1.31.12.83.336.4%
Morocco1.50.70.90.3-41.5%
Germany0.10.90.50.10.0%
OthersN/A0.10.10.10.0%
Total14.725.827.936.835.8%

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

  1. Hungary (363.9 tons)
  2. Spain (147.9 tons)
  3. China (53.9 tons)
  4. Germany (7.7 tons)
  5. Morocco (5.7 tons)

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

For the fourth consecutive year, France recorded growth in overseas shipments of glycosides; rutoside (rutin) and its derivativeses, which increased by 21% to 51 tons in 2022. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses rose rapidly to $3.6M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria1384143031,460119.5%
Spain7729241,0798684.0%
Germany18632823636124.7%
Bulgaria459225712351-8.6%
Morocco2071473932202.1%
Egypt33.712584.610947.9%
Poland38.223.444.960.916.8%
Italy26318990.758.9-39.3%
Others364373351137-27.8%
Total2,4622,7483,2943,62713.8%

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

  1. Algeria (24.9 tons)
  2. Spain (12.6 tons)
  3. Bulgaria (4.0 tons)
  4. Germany (3.8 tons)
  5. Morocco (1.5 tons)
  6. Egypt (0.9 tons)
  7. Poland (0.9 tons)
  8. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform

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