Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Chile - 2023

Contents:

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

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

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $26,431 per ton, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. Over the period under review, the average export prices attained the peak figure at $27,389 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($39,820 per ton), while the average price for exports to Mexico ($23,917 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 Mexico (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,842 per ton, increasing by 6.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 80% against the previous year. As a result, import price reached the peak level of $37,447 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Belgium ($33,327 per ton), while the price for India ($16,156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -15.7% to 1K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 5.6% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped slightly to $27M in 2022. In general, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2.9% against the previous year. As a result, the exports reached the peak of $31M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan16.016.713.912.7-7.4%
United States5.95.65.75.4-2.9%
Denmark0.61.81.83.580.0%
Russia1.92.01.51.7-3.6%
Thailand1.11.50.70.8-10.1%
Brazil0.40.50.40.720.5%
Mexico1.71.01.20.6-29.3%
Belgium0.80.40.80.5-14.5%
Others1.71.61.61.0-16.2%
Total30.131.027.526.9-3.7%

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

  1. Japan (505.0 tons)
  2. United States (215.1 tons)
  3. Denmark (88.0 tons)
  4. Russia (70.3 tons)
  5. Thailand (34.0 tons)
  6. Brazil (24.8 tons)
  7. Mexico (24.5 tons)
  8. Belgium (20.0 tons)

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

In 2022, the amount of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses imported into Chile contracted modestly to 192 tons, reducing by -4.7% compared with the year before. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,413% against the previous year. As a result, imports attained the peak of 202 tons, and then reduced in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses totaled $3.6M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 685%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18289.73,0873,222160.6%
Belgium94.942.588.41218.4%
India15.230.246.596.985.4%
Spain14252.576.465.8-22.6%
Others164241281115-11.2%
Total5994563,5793,62082.1%

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

  1. China (178.3 tons)
  2. India (6.0 tons)
  3. Belgium (3.6 tons)
  4. Spain (3.2 tons)

Source: IndexBox Market Intelligence Platform

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