Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Norway - 2024

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $28,728 per ton in 2022, dropping by -7.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 when the average import price increased by 29% against the previous year. The import price peaked at $33,148 per ton in 2014; however, from 2015 to 2022, import prices stood 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 ($53,082 per ton), while the price for the UK ($17,255 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.5%), 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 Norway (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $19,833 per ton, increasing by 9.7% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2017 an increase of 158%. As a result, the export price reached the peak level of $35,805 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +173.2% per year.

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

In 2022, purchases abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep contraction.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $318K in 2022. Overall, imports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 17%.

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

1. Spain (4.4 tons)
2. Italy (2.6 tons)
3. Denmark (2.0 tons)
4. Germany (0.6 tons)
5. Slovakia (0.5 tons)
6. Thailand (0.4 tons)
7. Vietnam (0.2 tons)

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

For the third year in a row, Norway recorded decline in shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, which decreased by -73.9% to 6 kg in 2022. Over the period under review, exports showed a precipitous decrease.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped markedly to $119 in 2022. In general, exports continue to indicate a significant decrease.

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

1. Sweden (6.0 kg)

Source: IndexBox Market Intelligence Platform