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

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $15,991 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, showed a slight contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $23,300 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($17,950 per ton), while the price for Spain ($15,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), 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 Serbia (FOB) - 2022

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $16,874 per ton in 2022, which is down by -4.5% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $21,850 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($17,034 per ton), while the average price for exports to Greece ($13,335 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-1.5%), 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 Serbia

In 2022, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -9.3% to 68 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 2.5% against the previous year. As a result, imports attained the peak of 76 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses contracted to $1.1M in 2022. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 3.6% against the previous year. As a result, imports reached the peak of $1.2M. 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 Serbia in 2022:

1. Spain (37.6 tons)
2. Italy (18.2 tons)
3. China (12.1 tons)

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

In 2022, approx. 5.8 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were exported from Serbia; reducing by -63.8% against the previous year. Overall, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 247% against the previous year. As a result, the exports reached the peak of 16 tons, and then fell remarkably in the following year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses declined significantly to $97K in 2022. Over the period under review, exports, however, showed a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of 238%. As a result, the exports attained the peak of $281K, and then reduced notably in the following year.

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

1. North Macedonia (4.0 tons)
2. Bosnia and Herzegovina (1.3 tons)
3. Greece (0.4 tons)

Source: IndexBox Market Intelligence Platform