Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Ghana - 2022

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $15,327 per ton, rising by 4.6% against the previous year. Over the period under review, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2019 an increase of 163% against the previous year. The import price peaked at $39,934 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($202,000 per ton), while the price for China ($8,002 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -1.1% to 979 kg in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 768% against the previous year. As a result, imports reached the peak of 990 kg, and then fell in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $15K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 328%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.36.97.1314.1%
Spain0.81.23.63.868.1%
Denmark0.60.92.52.560.9%
United States0.10.10.30.458.7%
India0.10.10.30.226.0%
United Kingdom0.10.10.20.226.0%
Others0.30.60.80.838.7%
Total2.03.414.515.095.7%

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

  1. China (893.0 kg)
  2. Spain (19.0 kg)
  3. United Kingdom (17.0 kg)
  4. United States (15.0 kg)
  5. Denmark (15.0 kg)
  6. India (7.0 kg)

Source: IndexBox Market Intelligence Platform

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