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

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Poland (CIF) - 2023
2. Price for Pectic Substances; Pectinates and Pectates in Poland (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Poland
4. Exports of Pectic Substances; Pectinates and Pectates in Poland

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

In June 2023, the average import price for pectic substances; pectinates and pectateses amounted to $15,373 per ton, declining by -13.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 31% against the previous month. The import price peaked at $17,700 per ton in May 2023, and then reduced in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($20,144 per ton), while the price for Ukraine ($10,655 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 the Czech Republic (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $14,450 per ton, waning by -15% against the previous year. In general, export price indicated mild growth 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 2014 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $20,475 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($18,929 per ton), while the average price for exports to Ukraine ($9,659 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 Lithuania (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pectic Substances; Pectinates and Pectates in Poland

In 2022, overseas purchases of pectic substances; pectinates and pectateses decreased by -6.6% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 1.9K tons, and then shrank in the following year.

In value terms, pectic substances; pectinates and pectates imports contracted to $25M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports attained the peak of $28M, and then contracted in the following year.

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

1. Germany (768.8 tons)
2. Denmark (421.4 tons)
3. Switzerland (139.3 tons)
4. Czech Republic (117.8 tons)
5. Italy (106.5 tons)
6. France (71.6 tons)
7. Ukraine (59.5 tons)
8. Spain (30.6 tons)

Exports of Pectic Substances; Pectinates and Pectates in Poland

In 2022, the amount of pectic substances; pectinates and pectateses exported from Poland shrank modestly to 855 tons, declining by -3.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports reached the peak of 887 tons, and then dropped in the following year.

In value terms, pectic substances; pectinates and pectates exports declined dramatically to $12M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $15M, and then contracted notably in the following year.

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

1. Germany (661.5 tons)
2. Lithuania (52.7 tons)
3. Switzerland (41.2 tons)
4. France (24.5 tons)
5. Italy (23.6 tons)
6. Latvia (13.3 tons)

Source: IndexBox Market Intelligence Platform