Price for Pectic Substances; Pectinates and Pectates in the Netherlands - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in the Netherlands (CIF) - 2023
- Price for Pectic Substances; Pectinates and Pectates in the Netherlands (FOB) - 2023
- Imports of Pectic Substances; Pectinates and Pectates in the Netherlands
- Exports of Pectic Substances; Pectinates and Pectates in the Netherlands
Price for Pectic Substances; Pectinates and Pectates in the Netherlands (CIF) - 2023
In June 2023, the average import price for pectic substances; pectinates and pectateses amounted to $18,468 per ton, surging by 3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in October 2022 an increase of 21% month-to-month. Over the period under review, average import prices attained the peak figure at $18,556 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($87,240 per ton), while the price for France ($16,278 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 United States (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in the Netherlands (FOB) - 2023
The average export price for pectic substances; pectinates and pectateses stood at $18,553 per ton in June 2023, stabilizing at the previous month. In general, export price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, pectic substances; pectinates and pectates export price increased by +3.5% against April 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 53% month-to-month. As a result, the export price reached the peak level of $23,224 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($24,008 per ton), while the average price for exports to Nigeria ($11,037 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 the UK (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in the Netherlands
In 2022, imports of pectic substances; pectinates and pectateses into the Netherlands soared to 1.8K tons, growing by 25% compared with the previous year. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports rose significantly to $26M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.5 | 9.0 | 4.2 | 7.6 | -7.2% |
| France | 4.5 | 5.7 | 7.4 | 6.1 | 10.7% |
| Germany | 5.5 | 4.7 | 6.6 | 5.5 | 0.0% |
| Denmark | 2.0 | 2.6 | 1.9 | 4.2 | 28.1% |
| Czech Republic | 0.7 | 1.1 | 0.9 | 1.1 | 16.3% |
| United States | N/A | N/A | N/A | 0.7 | 0% |
| Others | 1.4 | 1.2 | 2.7 | 1.0 | -10.6% |
| Total | 23.6 | 24.2 | 23.7 | 26.2 | 3.5% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to the Netherlands in 2022:
- Belgium (510.1 tons)
- France (450.5 tons)
- Germany (356.1 tons)
- Denmark (288.2 tons)
- Czech Republic (75.8 tons)
- United States (50.7 tons)
Exports of Pectic Substances; Pectinates and Pectates in the Netherlands
In 2022, the amount of pectic substances; pectinates and pectateses exported from the Netherlands soared to 1.4K tons, rising by 51% on the year before. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, pectic substances; pectinates and pectates exports skyrocketed to $20M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 74%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Pectic Substances; Pectinates and Pectates in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.7 | 0.9 | 0.9 | 7.0 | 115.4% |
| United Kingdom | N/A | N/A | 3.7 | 5.0 | 35.1% |
| Belgium | 1.0 | 1.1 | 0.8 | 2.2 | 30.1% |
| Austria | 1.2 | 1.4 | 1.4 | 1.5 | 7.7% |
| France | 1.7 | 2.0 | 1.1 | 1.4 | -6.3% |
| Poland | 0.8 | 0.8 | 0.8 | 1.1 | 11.2% |
| Germany | 0.6 | 0.6 | 0.8 | 0.7 | 5.3% |
| Others | 1.2 | 1.6 | 5.0 | 1.6 | 10.1% |
| Total | 7.3 | 8.3 | 14.5 | 20.4 | 40.9% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from the Netherlands in 2022:
- Russia (510.9 tons)
- United Kingdom (330.0 tons)
- Belgium (122.5 tons)
- Austria (91.9 tons)
- France (88.1 tons)
- Poland (69.0 tons)
- Germany (40.1 tons)
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