Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Vietnam - 2022
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (FOB) - 2022
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (CIF) - 2022
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (FOB) - 2022
The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $18,025 per ton in 2022, dropping by -7.2% against the previous year. Over the period under review, the export price saw a slight setback. The pace of growth was the most pronounced in 2018 an increase of 23%. As a result, the export price attained the peak level of $31,771 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($18,025 per ton) and India ($18,025 per ton), while the average price for exports to China ($18,025 per ton) and Italy ($18,025 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.8%), while the prices for the other major destinations experienced a decline.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (CIF) - 2022
The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $19,438 per ton in 2022, growing by 4.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $23,589 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($19,453 per ton) and Japan ($19,440 per ton), while the price for Thailand ($19,437 per ton) and China ($19,437 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.7%), 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 Vietnam
Exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Vietnam shrank to 788 tons in 2022, falling by -9.7% against 2021. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. As a result, the exports reached the peak of 873 tons, and then dropped in the following year.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped remarkably to $14M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports attained the peak of $17M, and then reduced remarkably in the following year.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.4 | 9.0 | 6.7 | -2.4% |
| Italy | 5.9 | 2.5 | 6.0 | 3.7 | -14.4% |
| Russia | 1.0 | 0.9 | 0.6 | 2.3 | 32.0% |
| India | N/A | 0.4 | 0.7 | 0.9 | 50.0% |
| Others | 0.5 | 0.7 | 0.6 | 0.6 | 6.3% |
| Total | 14.6 | 11.7 | 17.0 | 14.2 | -0.9% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Vietnam in 2022:
- China (371.0 tons)
- Italy (207.2 tons)
- Russia (126.3 tons)
- India (51.1 tons)
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam
In 2022, purchases abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -20.8% to 291 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. As a result, imports attained the peak of 367 tons, and then shrank rapidly in the following year.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses declined dramatically to $5.7M in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. As a result, imports reached the peak of $6.9M, and then shrank notably in the following year.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 387 | 2,463 | 6,328 | 4,714 | 130.1% |
| China | 1,132 | 1.8 | 6.0 | 384 | -30.3% |
| Singapore | 230 | 230 | 153 | 239 | 1.3% |
| Thailand | 226 | 223 | 223 | 165 | -10.0% |
| Japan | 213 | 65.9 | 115 | 84.1 | -26.6% |
| Others | 136 | 57.7 | 28.3 | 70.5 | -19.7% |
| Total | 2,325 | 3,042 | 6,854 | 5,656 | 34.5% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Vietnam in 2022:
- Italy (242.5 tons)
- China (19.8 tons)
- Singapore (12.3 tons)
- Thailand (8.5 tons)
- Japan (4.3 tons)
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