Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Argentina - 2023

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina (CIF) - 2022
2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina (FOB) - 2022
3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina
4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,334 per ton, picking up by 21% against the previous year. Over the period under review, the import price, however, recorded a pronounced shrinkage. Over the period under review, average import prices attained the maximum at $22,469 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Chile ($28,193 per ton), while the price for Italy ($15,580 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $21,972 per ton, with an increase of 24% against the previous year. In general, the export price, however, showed a pronounced contraction. Over the period under review, the average export prices reached the peak figure at $31,663 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($63,333 per ton), while the average price for exports to Germany ($1,000 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 (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Argentina reduced to 171 tons, dropping by -8.7% compared with 2021 figures. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 5.4% against the previous year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses rose remarkably to $3.1M in 2022. Overall, imports saw a relatively flat trend pattern.

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Argentina in 2022:

1. China (85.0 tons)
2. Italy (56.4 tons)
3. Spain (19.0 tons)
4. Chile (8.3 tons)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Argentina

For the fourth year in a row, Argentina recorded growth in shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, which increased by 33% to 72 kg in 2022. The total export volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $1.6K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Argentina in 2022:

1. Mexico (41.0 kg)
2. Peru (12.0 kg)
3. Ireland (11.0 kg)
4. Uruguay (5.0 kg)
5. Chile (2.0 kg)

Source: IndexBox Market Intelligence Platform