Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in the Netherlands - 2023

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in the Netherlands (FOB) - 2023
2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in the Netherlands (CIF) - 2023
3. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in the Netherlands
4. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in the Netherlands

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in the Netherlands (FOB) - 2023

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $53,212 per ton in October 2023, with an increase of 15% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.2%. The pace of growth was the most pronounced in February 2023 an increase of 46% month-to-month. As a result, the export price reached the peak level of $53,570 per ton. From March 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was India ($84,801 per ton), while the average price for exports to Brazil ($26,539 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.4%), 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 the Netherlands (CIF) - 2023

In October 2023, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $16,726 per ton, with a decrease of -47.7% against the previous month. In general, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in June 2023 an increase of 128% against the previous month. Over the period under review, average import prices hit record highs at $50,177 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($38,925 per ton), while the price for the Philippines ($13,207 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.2%), 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 the Netherlands

Exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from the Netherlands surged to 60 tons in 2022, with an increase of 21% on 2021. Overall, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses expanded slightly to $2.4M in 2022. Over the period under review, exports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year.

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

1. Germany (21.9 tons)
2. Belgium (7.3 tons)
3. Spain (3.7 tons)
4. France (3.0 tons)
5. North Macedonia (2.6 tons)
6. Italy (1.6 tons)
7. Czech Republic (1.6 tons)
8. Denmark (1.6 tons)
9. Poland (1.5 tons)
10. South Africa (1.4 tons)
11. Turkey (1.3 tons)
12. Qatar (1.3 tons)
13. Switzerland (1.1 tons)

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

In 2022, overseas purchases of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -35.6% to 51 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports reached the peak of 79 tons, and then reduced remarkably in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses fell sharply to $1.6M in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $2.2M, and then fell sharply in the following year.

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

1. China (10.8 tons)
2. Spain (6.3 tons)
3. India (5.0 tons)
4. Italy (4.6 tons)
5. United Kingdom (4.5 tons)
6. Poland (3.9 tons)
7. Germany (3.6 tons)
8. Chile (3.0 tons)
9. Belgium (2.4 tons)
10. Thailand (1.6 tons)

Source: IndexBox Market Intelligence Platform