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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $17,455 per ton, growing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $22,474 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28,950 per ton), while the price for Austria ($14,387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.5%), 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 Russia (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $20,002 per ton, rising by 48% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $25,733 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($23,138 per ton), while the average price for exports to Uzbekistan ($16,119 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 Kyrgyzstan (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -3.3% to 1.4K tons in 2022. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of 1.4K tons, and then declined modestly in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses expanded remarkably to $24M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.99.912.612.512.0%
Vietnam1.00.90.62.332.0%
Chile1.92.01.51.7-3.6%
Indonesia0.61.01.00.810.1%
Spain0.20.40.10.644.2%
Germany1.30.80.80.4-32.5%
Austria0.40.60.30.2-20.6%
Others3.42.74.25.215.2%
Total17.718.221.123.710.2%

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

  1. China (776.1 tons)
  2. Vietnam (126.3 tons)
  3. Chile (70.3 tons)
  4. Indonesia (51.0 tons)
  5. Spain (21.0 tons)
  6. Austria (16.8 tons)
  7. Germany (12.5 tons)

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

In 2022, shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -71.1% to 18 tons, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 8.4% against the previous year. As a result, the exports reached the peak of 79 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank dramatically to $359K in 2022. Over the period under review, exports showed a dramatic shrinkage. The smallest decline of -5.6% was in 2020.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan466360166295-14.1%
Uzbekistan27522411437.9-48.3%
Kyrgyzstan1.61.54.48.272.4%
Azerbaijan17.452.220.63.4-42.0%
Belarus480516493N/A1.3%
Others11.627.638.714.37.2%
Total1,2521,182837359-34.1%

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

  1. Kazakhstan (14.7 tons)
  2. Uzbekistan (2.4 tons)
  3. Kyrgyzstan (0.4 tons)
  4. Azerbaijan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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