Price for Pectic Substances; Pectinates and Pectates in Luxembourg - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Luxembourg (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Luxembourg (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Luxembourg
- Exports of Pectic Substances; Pectinates and Pectates in Luxembourg
Price for Pectic Substances; Pectinates and Pectates in Luxembourg (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $11,769 per ton in 2022, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($29,094 per ton), while the price for the Netherlands ($8,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Pectic Substances; Pectinates and Pectates in Luxembourg (FOB) - 2022
In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $46,655 per ton, which is down by -9.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 83%. The export price peaked at $51,306 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($62,978 per ton), while the average price for exports to Belgium ($35,800 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 Azerbaijan (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Luxembourg
In 2022, approx. 9.6 tons of pectic substances; pectinates and pectateses were imported into Luxembourg; surging by 41% on the year before. Over the period under review, imports recorded perceptible growth. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, imports attained the peak of 14 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pectic substances; pectinates and pectates imports soared to $113K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some 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.
| Import of Pectic Substances; Pectinates and Pectates in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 43.2 | 68.8 | 18.0 | 75.8 | 20.6% |
| France | 23.2 | 21.5 | 39.3 | 30.0 | 8.9% |
| Germany | 13.1 | 18.9 | 10.9 | 4.5 | -30.0% |
| Netherlands | 2.2 | 2.9 | 3.0 | 2.5 | 4.4% |
| Others | 0.1 | 0.7 | 1.7 | 0.4 | 58.7% |
| Total | 81.7 | 113 | 72.9 | 113 | 11.4% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Luxembourg in 2022:
- Belgium (8.0 tons)
- France (1.0 tons)
- Netherlands (0.3 tons)
- Germany (0.3 tons)
Exports of Pectic Substances; Pectinates and Pectates in Luxembourg
In 2022, approx. 194 kg of pectic substances; pectinates and pectateses were exported from Luxembourg; surging by 80% against 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates exports skyrocketed to $9.1K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pectic Substances; Pectinates and Pectates in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | 1.3 | 2.3 | 3.6 | 33.9% |
| Azerbaijan | 1.0 | 0.9 | 1.2 | 2.8 | 40.9% |
| Belgium | 1.4 | 1.5 | 1.7 | 2.0 | 12.6% |
| Germany | 0.2 | 0.3 | 0.3 | 0.7 | 51.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 4.1 | 5.5 | 9.1 | 29.4% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Luxembourg in 2022:
- France (80.0 kg)
- Belgium (55.0 kg)
- Azerbaijan (45.0 kg)
- Germany (14.0 kg)
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