Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia - 2023
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia (FOB) - 2022
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia (CIF) - 2022
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia (FOB) - 2022
In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $34,928 per ton, approximately reflecting the previous year. Overall, the export price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $35,334 per ton, and then fell modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($72,938 per ton), while the average price for exports to Uzbekistan ($17,419 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 Germany (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia (CIF) - 2022
In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,409 per ton, declining by -24.1% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -27.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $25,420 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($33,989 per ton), while the price for Lithuania ($14,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia
In 2022, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses increased by 122% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $193K in 2022. In general, exports enjoyed buoyant growth. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 31.4 | 50.2 | 57.6 | 118 | 55.5% |
| Turkmenistan | N/A | N/A | N/A | 29.7 | 0% |
| Uzbekistan | 30.0 | 42.9 | 13.5 | 26.1 | -4.5% |
| Estonia | 13.2 | 14.9 | 14.5 | 16.4 | 7.5% |
| Belarus | 73.6 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.5 | 2.4 | 2.1 | 5.3% |
| Total | 150 | 109 | 87.9 | 193 | 8.8% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Latvia in 2022:
- Russia (1.6 tons)
- Uzbekistan (1.5 tons)
- Turkmenistan (1.5 tons)
- Estonia (0.9 tons)
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia
In 2022, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses was finally on the rise to reach 7.1 tons after two years of decline. In general, imports, however, saw a deep slump.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses expanded notably to $131K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, imports attained the peak of $268K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 64.2 | 42.9 | 28.7 | 76.6 | 6.1% |
| Spain | 77.8 | 41.4 | 45.5 | 25.2 | -31.3% |
| Germany | 10.4 | 26.2 | 27.6 | 13.0 | 7.7% |
| Lithuania | 6.6 | 9.2 | 12.1 | 11.6 | 20.7% |
| Netherlands | 4.4 | 139 | 1.7 | N/A | -37.8% |
| Others | 2.3 | 8.9 | 6.8 | 4.7 | 26.9% |
| Total | 166 | 268 | 122 | 131 | -7.6% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Latvia in 2022:
- Italy (5.0 tons)
- Lithuania (0.8 tons)
- Spain (0.7 tons)
- Germany (0.4 tons)
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