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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $36,176 per ton, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2013 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 ($51,273 per ton), while the price for Italy ($19,387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $43,446 per ton, rising by 81% against the previous year. In general, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by 260%. The export price peaked at $151,068 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($67,762 per ton), while the average price for exports to Vietnam amounted to $14,274 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 122 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were imported into Denmark; rising by 63% against 2021 figures. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses skyrocketed to $4.4M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile8801,4931,8013,48058.1%
Italy28025019446118.1%
Germany15247.428022113.3%
Netherlands1.317.91.4127360.6%
Spain71.120982.385.96.5%
Others36.791.371.344.36.5%
Total1,4212,1082,4314,41946.0%

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

  1. Chile (88.0 tons)
  2. Italy (23.8 tons)
  3. Germany (4.3 tons)
  4. Netherlands (3.1 tons)
  5. Spain (2.1 tons)

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

In 2022, approx. 2.3 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were exported from Denmark; with an increase of 602% compared with 2021. Overall, exports saw a significant increase. 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 skyrocketed to $101K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A71.50.584.78.8%
VietnamN/AN/A3.714.5291.9%
Norway8.35.82.51.0-50.6%
Greenland0.21.61.20.858.7%
Faroe Islands0.91.30.10.4-23.7%
Others2.8N/AN/AN/A0%
Total12.280.28.0101102.3%

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

  1. United States (1250.0 kg)
  2. Vietnam (1015.0 kg)
  3. Greenland (31.0 kg)
  4. Faroe Islands (20.0 kg)
  5. Norway (15.0 kg)

Source: IndexBox Market Intelligence Platform

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