Ester Gums Price in Egypt - 2023
Contents:
Ester Gums Price in Egypt (CIF) - 2022
In 2022, the average ester gums import price amounted to $2,732 per ton, growing by 24% against the previous year. Overall, the import price, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 25%. As a result, import price reached the peak level of $3,432 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Portugal ($2,732 per ton) and Greece ($2,732 per ton), while the price for China ($2,732 per ton) and Finland ($2,732 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+0.6%), while the prices for the other major suppliers experienced a decline.
Ester Gums Imports in Egypt
Ester gums imports into Egypt reduced sharply to 3K tons in 2022, with a decrease of -29.7% against 2021. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 4.3K tons, and then shrank sharply in the following year.
In value terms, ester gums imports contracted to $8.2M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of $9.5M, and then reduced in the following year.
| Import of Ester Gums in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1.4 | 1.7 | 2.7 | 3.1 | 30.3% |
| Netherlands | 3.0 | 1.7 | 4.1 | 1.5 | -20.6% |
| China | 2.7 | 2.5 | 0.9 | 1.5 | -17.8% |
| Portugal | N/A | N/A | N/A | 1.0 | 0% |
| Finland | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Brazil | N/A | N/A | N/A | 0.2 | 0% |
| United States | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Others | 0.7 | 0.5 | 1.5 | 0.3 | -24.6% |
| Total | 8.0 | 6.7 | 9.5 | 8.2 | 0.8% |
Top Suppliers of Ester Gums to Egypt in 2022:
- Greece (1147.9 tons)
- Netherlands (563.2 tons)
- China (547.6 tons)
- Portugal (353.2 tons)
- Finland (173.5 tons)
- Brazil (78.9 tons)
- United States (25.2 tons)
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