Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Switzerland - 2023

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland (FOB) - 2022
2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland (CIF) - 2023
3. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland
4. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland (FOB) - 2022

The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $124,712 per ton in 2022, rising by 19% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($470,333 per ton), while the average price for exports to France ($62,464 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 Singapore (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland (CIF) - 2023

In December 2023, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $29,719 per ton, approximately equating the previous month. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in October 2023 when the average import price increased by 114% month-to-month. Over the period under review, average import prices hit record highs at $64,860 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($67,488 per ton), while the price for Italy ($19,519 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland

In 2022, shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -10.5% to 9 tons, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses expanded remarkably to $1.1M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Switzerland in 2022:

1. Germany (5.1 tons)
2. United States (2.8 tons)
3. United Kingdom (0.6 tons)
4. France (0.4 tons)

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Switzerland

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Switzerland reduced to 31 tons, declining by -11.1% compared with 2021. Overall, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 35 tons, and then declined in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses contracted notably to $836K in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $1.1M, and then fell remarkably in the following year.

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Switzerland in 2022:

1. Spain (11.6 tons)
2. China (7.0 tons)
3. Italy (5.8 tons)
4. Germany (4.0 tons)
5. Japan (0.6 tons)
6. France (0.6 tons)
7. Thailand (0.6 tons)
8. Morocco (0.2 tons)

Source: IndexBox Market Intelligence Platform