Price for Pectic Substances; Pectinates and Pectates in the Czech Republic - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in the Czech Republic (FOB) - 2023
- Price for Pectic Substances; Pectinates and Pectates in the Czech Republic (CIF) - 2023
- Exports of Pectic Substances; Pectinates and Pectates in the Czech Republic
- Imports of Pectic Substances; Pectinates and Pectates in the Czech Republic
Price for Pectic Substances; Pectinates and Pectates in the Czech Republic (FOB) - 2023
In June 2023, the average export price for pectic substances; pectinates and pectateses amounted to $15,447 per ton, rising by 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($21,220 per ton), while the average price for exports to Kenya ($11,536 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 United States (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in the Czech Republic (CIF) - 2023
In June 2023, the average import price for pectic substances; pectinates and pectateses amounted to $25,475 per ton, increasing by 21% against the previous month. In general, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, pectic substances; pectinates and pectates import price increased by +41.0% against February 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Mexico ($27,568 per ton), while the price for Slovakia ($9,702 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 Mexico (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pectic Substances; Pectinates and Pectates in the Czech Republic
In 2022, exports of pectic substances; pectinates and pectateses from the Czech Republic amounted to 5.1K tons, surging by 4.3% on the previous year. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, pectic substances; pectinates and pectates exports expanded modestly to $59M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Pectic Substances; Pectinates and Pectates in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 5.9 | 7.2 | 10.0 | 14.3% |
| Germany | 4.2 | 5.7 | 7.8 | 7.7 | 22.4% |
| Saudi Arabia | 4.3 | 3.7 | 3.8 | 4.8 | 3.7% |
| India | 1.6 | 1.5 | 2.2 | 4.6 | 42.2% |
| France | 4.1 | 4.1 | 4.1 | 4.0 | -0.8% |
| Italy | 2.6 | 2.4 | 3.1 | 3.7 | 12.5% |
| Netherlands | 3.4 | 4.3 | 4.5 | 2.4 | -11.0% |
| Belgium | 0.2 | 0.5 | 0.7 | 2.1 | 119.0% |
| Denmark | 1.5 | 1.5 | 1.2 | 2.0 | 10.1% |
| United Kingdom | 2.9 | 2.7 | 2.2 | 1.7 | -16.3% |
| Russia | 2.8 | 1.7 | 1.7 | 1.7 | -15.3% |
| China | 5.2 | 3.5 | 2.8 | 1.6 | -32.5% |
| Ukraine | 0.8 | 0.9 | 1.5 | 1.0 | 7.7% |
| Others | 14.0 | 11.5 | 14.9 | 12.1 | -4.7% |
| Total | 54.3 | 50.1 | 57.7 | 59.2 | 2.9% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from the Czech Republic in 2022:
- United States (784.0 tons)
- India (631.3 tons)
- Germany (610.5 tons)
- Saudi Arabia (381.6 tons)
- Italy (308.8 tons)
- France (277.4 tons)
- Netherlands (195.0 tons)
- Belgium (171.3 tons)
- Denmark (151.6 tons)
- United Kingdom (141.6 tons)
- China (134.8 tons)
- Ukraine (129.3 tons)
- Russia (116.6 tons)
Imports of Pectic Substances; Pectinates and Pectates in the Czech Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of pectic substances; pectinates and pectateses, when their volume decreased by -14.8% to 1.1K tons. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 1.3K tons, and then shrank in the following year.
In value terms, pectic substances; pectinates and pectates imports reached $17M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 7%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 12.5 | 13.2 | 13.5 | 14.6 | 5.3% |
| Germany | 0.8 | 1.0 | 1.3 | 1.4 | 20.5% |
| Denmark | 0.7 | 0.7 | 1.1 | 0.5 | -10.6% |
| France | 0.7 | 0.5 | 0.6 | 0.3 | -24.6% |
| Others | 0.5 | 0.2 | 0.2 | 0.4 | -7.2% |
| Total | 15.2 | 15.7 | 16.8 | 17.2 | 4.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to the Czech Republic in 2022:
- Mexico (909.4 tons)
- Germany (102.4 tons)
- Denmark (21.1 tons)
- France (20.9 tons)
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