Ester Gums Price in Austria - 2023

Ester Gums Price in Austria (CIF) - 2022

The average ester gums import price stood at $6,690 per ton in 2022, rising by 20% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. As a result, import price reached the peak level of $7,106 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($120,574 per ton), while the price for Germany ($5,753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Price in Austria (FOB) - 2022

The average ester gums export price stood at $2,589 per ton in 2022, rising by 23% against the previous year. In general, the export price, however, saw a deep downturn. The export price peaked at $5,953 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -3.2% per year.

Ester Gums Imports in Austria

After three years of growth, purchases abroad of ester gumses decreased by -12.6% to 106 tons in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year.

In value terms, ester gums imports expanded to $709K in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 92%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Ester Gums in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	72.2	339	420	363	71.3%
France	47.5	155	235	329	90.6%
China	32.0	N/A	N/A	N/A	0%
Mexico	114	13.4	N/A	N/A	-88.2%
Others	27.6	54.7	21.5	17.5	-14.1%
Total	293	562	676	709	34.3%

Top Suppliers of Ester Gums to Austria in 2022:

Germany (63.1 tons)
France (41.8 tons)

Ester Gums Exports in Austria

In 2022, the amount of ester gumses exported from Austria declined to 228 tons, with a decrease of -9.1% compared with 2021 figures. Overall, exports recorded a abrupt contraction. The smallest decline of -1.6% was in 2021.

In value terms, ester gums exports reached $590K in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.