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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $19,438 per ton, which is down by -4.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. The import price peaked at $23,586 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($19,441 per ton) and Spain ($19,438 per ton), while the price for Italy ($19,431 per ton) and the United States ($19,433 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+30.9%), 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 Israel (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $28,991 per ton, which is down by -9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 42%. Over the period under review, the average export prices attained the peak figure at $32,214 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($41,816 per ton), while the average price for exports to the Philippines ($8,566 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 Colombia (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Israel skyrocketed to 34 tons in 2022, with an increase of 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $652K in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, imports reached the peak of $693K. 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 Israel in 2022:

1. Germany (14.0 tons)
2. Spain (9.7 tons)
3. India (2.9 tons)
4. United States (1.9 tons)
5. Italy (1.4 tons)
6. Netherlands (1.1 tons)
7. Thailand (1.0 tons)
8. France (0.8 tons)

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

In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Israel soared to 1.5 tons, rising by 36% compared with the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 218%. The exports peaked in 2022 and are expected to retain 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 $43K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 234%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Colombia (389.0 kg)
2. Philippines (385.0 kg)
3. Costa Rica (226.0 kg)
4. Ecuador (190.0 kg)
5. Mexico (142.0 kg)
6. Hungary (38.0 kg)

Source: IndexBox Market Intelligence Platform