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

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $26,191 per ton in 2022, which is down by -4.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. As a result, import price reached the peak level of $36,816 per ton. From 2018 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 Germany ($42,582 per ton), while the price for the Netherlands ($19,725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+33.4%), 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 Finland (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $61,667 per ton, jumping by 37% against the previous year. In general, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2018 an increase of 4,488%. The export price peaked at $129,779 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Kazakhstan ($107,000 per ton), while the average price for exports to Estonia stood at $59,923 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2.5%).

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

In 2022, purchases abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -0.7% to 11 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 8.7% against the previous year. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses declined modestly to $279K in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 8% against the previous year. As a result, imports attained the peak of $304K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Italy (5.5 tons)
2. Spain (2.3 tons)
3. Netherlands (0.8 tons)
4. Sweden (0.7 tons)
5. Denmark (0.5 tons)
6. Germany (0.5 tons)
7. Poland (0.3 tons)

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

In 2022, the amount of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses exported from Finland dropped rapidly to 27 kg, waning by -90.3% compared with 2021. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 278 kg, and then contracted sharply in the following year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses fell markedly to $1.7K in 2022. In general, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 81%.

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

1. Estonia (26.0 kg)
2. Kazakhstan (1.0 kg)

Source: IndexBox Market Intelligence Platform