Price for Pectic Substances; Pectinates and Pectates in Austria - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Austria (CIF) - 2023
- Price for Pectic Substances; Pectinates and Pectates in Austria (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Austria
- Exports of Pectic Substances; Pectinates and Pectates in Austria
Price for Pectic Substances; Pectinates and Pectates in Austria (CIF) - 2023
The average import price for pectic substances; pectinates and pectateses stood at $21,148 per ton in June 2023, rising by 16% against the previous month. Over the period under review, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, pectic substances; pectinates and pectates import price increased by +16.4% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 29% against the previous month. Over the period under review, average import prices attained the peak figure in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($26,291 per ton), while the price for Denmark ($16,352 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Austria (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $13,849 per ton in 2022, shrinking by -13.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 21%. The export price peaked at $16,704 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($19,743 per ton), while the average price for exports to the Czech Republic ($9,998 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 Iran (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Austria
In 2022, pectic substances; pectinates and pectates imports into Austria expanded slightly to 720 tons, surging by 4.4% against the previous year's figure. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports shrank modestly to $11M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $11M, leveling off in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 3.3 | 4.3 | 3.7 | 1.9% |
| Switzerland | 3.3 | 3.1 | 3.6 | 3.1 | -2.1% |
| Denmark | 1.0 | 0.9 | 1.0 | 2.2 | 30.1% |
| Netherlands | 1.2 | 1.4 | 1.8 | 1.4 | 5.3% |
| Poland | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Total | 9.1 | 8.8 | 11.0 | 10.9 | 6.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Austria in 2022:
- Germany (255.4 tons)
- Switzerland (186.1 tons)
- Denmark (157.8 tons)
- Netherlands (86.4 tons)
- Poland (21.4 tons)
Exports of Pectic Substances; Pectinates and Pectates in Austria
In 2022, approx. 91 tons of pectic substances; pectinates and pectateses were exported from Austria; with an increase of 2.4% compared with 2021. Overall, exports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year.
In value terms, pectic substances; pectinates and pectates exports shrank to $1.3M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $1.4M, and then fell in the following year.
| Export of Pectic Substances; Pectinates and Pectates in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 405 | 437 | 344 | 712 | 20.7% |
| Czech Republic | 506 | 218 | 257 | 156 | -32.4% |
| United Arab Emirates | N/A | N/A | N/A | 97.7 | 0% |
| Serbia | 41.9 | 97.7 | 93.8 | 91.3 | 29.6% |
| Germany | 108 | 141 | 595 | 71.9 | -12.7% |
| Italy | 25.4 | 20.1 | 26.7 | 31.1 | 7.0% |
| Hungary | 0.1 | N/A | 43.4 | 27.8 | 552.7% |
| Others | 67.2 | 31.9 | 49.6 | 67.3 | 0.0% |
| Total | 1,154 | 946 | 1,410 | 1,255 | 2.8% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Austria in 2022:
- Iran (47.0 tons)
- Czech Republic (15.6 tons)
- United Arab Emirates (9.0 tons)
- Serbia (6.9 tons)
- Germany (4.9 tons)
- Italy (1.8 tons)
- Hungary (1.4 tons)
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