Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the United States - 2023

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (CIF) - 2023
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (CIF) - 2023

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $50,872 per ton in December 2023, dropping by -4.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 107% m-o-m. As a result, import price reached the peak level of $95,207 per ton. From June 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($68,631 per ton), while the price for Brazil ($31,638 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 Spain (+3.7%), while the prices for the other major suppliers experienced a decline.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (FOB) - 2022

The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $14,313 per ton in 2022, surging by 30% against the previous year. In general, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 84%. As a result, the export price attained the peak level of $23,601 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($65,000 per ton), while the average price for exports to Chile ($12,737 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 China (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States

In 2022, purchases abroad of glycosides; rutoside (rutin) and its derivativeses decreased by -28.6% to 208 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 159%.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses dropped dramatically to $12M in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,009%. As a result, imports attained the peak of $35M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.02.98.210.7120.4%
Spain1.91.81.41.3-11.9%
Brazil0.1N/AN/A0.344.2%
United KingdomN/A30.324.5N/A-19.1%
Others0.10.20.3N/A73.2%
Total3.235.134.412.457.1%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to the United States in 2022:

  1. China (180.3 tons)
  2. Spain (22.1 tons)
  3. Brazil (5.4 tons)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States

In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses exported from the United States reduced sharply to 20 tons, with a decrease of -35.7% on the year before. Overall, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. As a result, the exports attained the peak of 31 tons, and then dropped notably in the following year.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses contracted dramatically to $281K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports reached the peak of $336K, and then declined dramatically in the following year.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada14.913032.2144113.0%
GuatemalaN/AN/AN/A64.10%
France3.6N/AN/A41.5125.9%
Brazil8.013.262.17.2-3.5%
ArmeniaN/AN/AN/A5.90%
Chile8.22.7N/A5.8-10.9%
Spain126N/AN/AN/A0%
South KoreaN/AN/A63.3N/A0%
GermanyN/AN/A76.3N/A0%
China111N/A27.0N/A-50.7%
Others15.636.775.512.6-6.9%
Total288182336281-0.8%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from the United States in 2022:

  1. Canada (9.9 tons)
  2. Guatemala (5.0 tons)
  3. France (2.7 tons)
  4. Brazil (0.6 tons)
  5. Armenia (0.5 tons)
  6. Chile (0.5 tons)

Source: IndexBox Market Intelligence Platform

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