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

Contents:

  1. Price for Pectic Substances; Pectinates and Pectates in France (CIF) - 2023
  2. Price for Pectic Substances; Pectinates and Pectates in France (FOB) - 2023
  3. Imports of Pectic Substances; Pectinates and Pectates in France
  4. Exports of Pectic Substances; Pectinates and Pectates in France

Price for Pectic Substances; Pectinates and Pectates in France (CIF) - 2023

In June 2023, the average import price for pectic substances; pectinates and pectateses amounted to $20,063 per ton, picking up by 9.4% against the previous month. In general, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% 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 decreased by -2.9% against April 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 81% against the previous month. The import price peaked at $20,654 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Belgium ($22,611 per ton) and Italy ($22,261 per ton), while the price for Germany ($17,022 per ton) and the Czech Republic ($18,050 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in France (FOB) - 2023

In June 2023, the average export price for pectic substances; pectinates and pectateses amounted to $19,508 per ton, reducing by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $20,284 per ton. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($27,245 per ton), while the average price for exports to Brazil ($12,845 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pectic Substances; Pectinates and Pectates in France

After three years of growth, supplies from abroad of pectic substances; pectinates and pectateses decreased by -6.2% to 3K tons in 2022. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year.

In value terms, pectic substances; pectinates and pectates imports contracted to $41M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

Import of Pectic Substances; Pectinates and Pectates in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.310.415.211.416.0%
Denmark9.18.911.211.37.5%
Germany15.116.412.711.3-9.2%
Czech Republic4.24.04.03.1-9.6%
Spain1.00.50.51.39.1%
Netherlands1.02.41.41.26.3%
Others0.80.80.90.80.0%
Total38.543.446.040.51.7%

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

  1. Germany (917.2 tons)
  2. Denmark (858.9 tons)
  3. Italy (703.0 tons)
  4. Czech Republic (201.1 tons)
  5. Spain (154.6 tons)
  6. Netherlands (77.8 tons)

Exports of Pectic Substances; Pectinates and Pectates in France

In 2022, pectic substances; pectinates and pectates exports from France soared to 3.9K tons, rising by 2,835% against the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pectic substances; pectinates and pectates exports surged to $56M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pectic Substances; Pectinates and Pectates in France (Million USD)
COUNTRY20212022CAGR,
2021-2022
United States0.212.56150.0%
Japan0.28.13950.0%
Germany0.27.13450.0%
ItalyN/A6.00%
United Kingdom0.12.92800.0%
Spain0.12.92800.0%
Netherlands0.12.52400.0%
BelgiumN/A2.50%
ArgentinaN/A1.80%
China0.11.71600.0%
BrazilN/A0.80%
Others0.47.41750.0%
Total1.456.33921.4%

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

  1. United States (848.7 tons)
  2. Germany (650.6 tons)
  3. Japan (456.2 tons)
  4. Italy (404.4 tons)
  5. Spain (248.0 tons)
  6. United Kingdom (193.0 tons)
  7. Belgium (151.5 tons)
  8. Argentina (139.9 tons)
  9. Netherlands (136.4 tons)
  10. China (120.9 tons)
  11. Brazil (84.5 tons)

Source: IndexBox Market Intelligence Platform

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