Price for Pectic Substances; Pectinates and Pectates in Sweden - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Sweden (CIF) - 2023
- Price for Pectic Substances; Pectinates and Pectates in Sweden (FOB) - 2023
- Imports of Pectic Substances; Pectinates and Pectates in Sweden
- Exports of Pectic Substances; Pectinates and Pectates in Sweden
Price for Pectic Substances; Pectinates and Pectates in Sweden (CIF) - 2023
The average import price for pectic substances; pectinates and pectateses stood at $17,832 per ton in June 2023, waning by -6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in January 2023 an increase of 36% month-to-month. As a result, import price attained the peak level of $19,827 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Denmark ($20,434 per ton) and France ($20,303 per ton), while the price for Italy ($13,711 per ton) and Germany ($19,667 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 France (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Sweden (FOB) - 2023
In June 2023, the average export price for pectic substances; pectinates and pectateses amounted to $19,136 per ton, declining by -11.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in July 2022 an increase of 61% m-o-m. As a result, the export price reached the peak level of $22,464 per ton. From August 2022 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 United States ($44,398 per ton), while the average price for exports to Denmark ($16,311 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 Norway (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Sweden
In 2022, overseas purchases of pectic substances; pectinates and pectateses decreased by -5% to 531 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 52%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pectic substances; pectinates and pectates imports shrank modestly to $7.6M in 2022. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Pectic Substances; Pectinates and Pectates in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 6.6 | 5.5 | 5.7 | 6.1 | -2.6% |
| Italy | 1.1 | 1.1 | 1.1 | 0.7 | -14.0% |
| Germany | 0.7 | 1.0 | 0.6 | 0.6 | -5.0% |
| France | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Netherlands | 1.1 | 3.4 | 0.3 | N/A | -47.8% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 9.6 | 11.2 | 8.0 | 7.6 | -7.5% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Sweden in 2022:
- Denmark (416.4 tons)
- Italy (59.0 tons)
- Germany (34.0 tons)
- France (19.0 tons)
Exports of Pectic Substances; Pectinates and Pectates in Sweden
In 2022, after two years of decline, there was significant growth in overseas shipments of pectic substances; pectinates and pectateses, when their volume increased by 8.6% to 99 tons. Over the period under review, exports, however, continue to indicate a deep downturn.
In value terms, pectic substances; pectinates and pectates exports totaled $1.8M in 2022. Overall, exports, however, saw a pronounced slump.
| Export of Pectic Substances; Pectinates and Pectates in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,578 | 1,412 | 1,012 | 1,141 | -10.2% |
| Finland | 129 | 229 | 419 | 486 | 55.6% |
| Denmark | 279 | 149 | 215 | 126 | -23.3% |
| Others | 49.3 | 39.5 | 58.8 | 30.3 | -15.0% |
| Total | 2,035 | 1,830 | 1,704 | 1,783 | -4.3% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Sweden in 2022:
- Norway (64.0 tons)
- Finland (24.5 tons)
- Denmark (8.0 tons)
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