Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium (FOB) - 2023
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $9,753 per ton in 2022, surging by 5.5% against the previous year. In general, the import price, however, showed a mild decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 31% against the previous year. The import price peaked at $11,118 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($22,241 per ton), while the price for the UK ($4,560 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium (FOB) - 2023

In October 2023, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $28,942 per ton, picking up by 26% against the previous month. Overall, export price indicated a remarkable increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +66.1% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 128% m-o-m. Over the period under review, the average export prices hit record highs in October 2023.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Algeria ($55,446 per ton), while the average price for exports to Malaysia ($6,988 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Belgium fell sharply to 834 tons in 2022, waning by -24.2% against 2021 figures. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of 1.1K tons, and then contracted significantly in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses declined markedly to $8.1M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 178% against the previous year. As a result, imports reached the peak of $10M, and then contracted markedly in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Belgium in 2022:

1. Norway (230.6 tons)
2. France (196.8 tons)
3. Netherlands (189.1 tons)
4. Denmark (103.9 tons)
5. China (68.3 tons)
6. Germany (20.6 tons)
7. United Kingdom (2.2 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belgium

In 2022, overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -41.8% to 353 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 216%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses reduced rapidly to $5.5M in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 350%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Belgium in 2022:

1. Poland (68.3 tons)
2. Italy (44.0 tons)
3. France (34.1 tons)
4. Russia (31.5 tons)
5. Germany (27.2 tons)
6. Portugal (19.3 tons)
7. South Africa (17.8 tons)
8. Romania (13.6 tons)
9. Australia (12.4 tons)
10. United States (11.6 tons)
11. United Kingdom (10.3 tons)
12. Netherlands (9.1 tons)
13. China (7.2 tons)

Source: IndexBox Market Intelligence Platform