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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $21,988 per ton, which is down by -16.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 12%. As a result, import price reached the peak level of $28,401 per ton. From 2015 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 ($32,559 per ton), while the price for Serbia ($14,868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $24,591 per ton, increasing by 31% against the previous year. Over the period under review, the export price, however, saw a slight slump. The pace of growth appeared the most rapid in 2020 an increase of 43% against the previous year. Over the period under review, the average export prices reached the maximum at $37,474 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($41,409 per ton), while the average price for exports to Cyprus ($22,469 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 Romania (+5.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Greece stood at 17 tons, with an increase of 1.9% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses reduced markedly to $364K in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $430K, and then contracted significantly in the following year.

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

1. Spain (9.5 tons)
2. Italy (3.2 tons)
3. Germany (1.5 tons)
4. Morocco (1.4 tons)
5. Belgium (0.5 tons)
6. Serbia (0.4 tons)
7. Bulgaria (0.1 tons)

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

In 2022, approx. 2 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were exported from Greece; growing by 31% on the previous year's figure. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 170% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $50K in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Cyprus (1485.0 kg)
2. Slovenia (125.0 kg)
3. Albania (110.0 kg)
4. Romania (100.0 kg)
5. Germany (100.0 kg)
6. Portugal (75.0 kg)
7. Bulgaria (45.0 kg)

Source: IndexBox Market Intelligence Platform