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

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Portugal (CIF) - 2022
  2. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Portugal

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

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $91,297 per ton in 2022, jumping by 31% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glycosides; rutoside (rutin) and its derivativeses increased by +60.7% against 2019 indices. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Germany ($638,500 per ton), while the price for Spain ($65,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses imported into Portugal reduced markedly to 2.4 tons, falling by -31.1% compared with the previous year. In general, imports continue to indicate a sharp downturn. The smallest decline of -0.4% was in 2020.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses fell to $219K in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of $299K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain224296224137-15.1%
Germany9.60.20.163.988.1%
China36.7N/AN/A14.3-27.0%
Others1.12.018.33.547.1%
Total271299242219-6.9%

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

  1. Spain (2099.0 kg)
  2. China (174.0 kg)
  3. Germany (100.0 kg)

Source: IndexBox Market Intelligence Platform

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