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

Contents:

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

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

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $16,092 per ton, surging by 24% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $19,799 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($17,021 per ton), while the price for China ($15,773 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 Ukraine (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $51,074 per ton, with an increase of 74% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($51,457 per ton), while the average price for exports to the UK ($15,222 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 Belarus (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, when their volume increased by 23% to 277 tons. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $4.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (205.7 tons)
2. Italy (63.5 tons)
3. Spain (7.9 tons)

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

Exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Ukraine shrank remarkably to 406 kg in 2022, declining by -65.9% on the previous year's figure. Overall, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 186%. As a result, the exports attained the peak of 1.2 tons, and then reduced markedly 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 $21K in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. As a result, the exports reached the peak of $35K, and then contracted dramatically in the following year.

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

1. Moldova (385.0 kg)
2. United Kingdom (9.0 kg)

Source: IndexBox Market Intelligence Platform