Price for Pectic Substances; Pectinates and Pectates in Egypt - 2023

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Egypt (CIF) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Egypt (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Egypt
4. Exports of Pectic Substances; Pectinates and Pectates in Egypt

Price for Pectic Substances; Pectinates and Pectates in Egypt (CIF) - 2022

The average import price for pectic substances; pectinates and pectateses stood at $13,959 per ton in 2022, shrinking by -2.3% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 65%. Over the period under review, average import prices reached the maximum at $14,286 per ton in 2021, and then fell slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($13,959 per ton) and the Czech Republic ($13,959 per ton), while the price for France ($13,958 per ton) and Italy ($13,959 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Egypt (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $12,724 per ton, with a decrease of -3.4% against the previous year. Over the period under review, the export price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2016 an increase of 397%. The export price peaked at $14,869 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($12,726 per ton), while the average price for exports to Tunisia ($12,722 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 Jordan (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pectic Substances; Pectinates and Pectates in Egypt

After two years of decline, purchases abroad of pectic substances; pectinates and pectateses increased by 3.1% to 355 tons in 2022. Over the period under review, imports, however, recorded a abrupt descent.

In value terms, pectic substances; pectinates and pectates imports stood at $5M in 2022. In general, imports, however, continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 8.5% against the previous year. As a result, imports reached the peak of $6M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Egypt in 2022:

1. Denmark (108.5 tons)
2. China (87.4 tons)
3. Germany (35.9 tons)
4. Czech Republic (34.7 tons)
5. Brazil (29.1 tons)
6. Spain (23.9 tons)
7. France (23.7 tons)

Exports of Pectic Substances; Pectinates and Pectates in Egypt

In 2022, after three years of growth, there was significant decline in shipments abroad of pectic substances; pectinates and pectateses, when their volume decreased by -53.8% to 9.5 tons. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 110%.

In value terms, pectic substances; pectinates and pectates exports fell remarkably to $121K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 120% against the previous year.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Egypt in 2022:

1. Syrian Arab Republic (5.6 tons)
2. Tunisia (2.7 tons)
3. Jordan (1.3 tons)

Source: IndexBox Market Intelligence Platform