Price for Pectic Substances; Pectinates and Pectates in Spain - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Spain (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Spain (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Spain
- Exports of Pectic Substances; Pectinates and Pectates in Spain
Price for Pectic Substances; Pectinates and Pectates in Spain (CIF) - 2022
In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $11,450 per ton, which is down by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2016 an increase of 29%. The import price peaked at $12,175 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($14,169 per ton), while the price for Germany ($9,263 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Spain (FOB) - 2022
In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $6,515 per ton, growing by 35% against the previous year. In general, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 an increase of 39%. The export price peaked at $10,610 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($11,412 per ton), while the average price for exports to South Korea ($243 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 India (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Spain
In 2022, the amount of pectic substances; pectinates and pectateses imported into Spain skyrocketed to 2.3K tons, with an increase of 22% against the previous year. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern 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.
In value terms, pectic substances; pectinates and pectates imports skyrocketed to $26M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 8.4 | 8.7 | 9.4 | 7.3% |
| China | 0.4 | 1.3 | 1.5 | 4.5 | 124.1% |
| Denmark | 4.6 | 4.7 | 4.5 | 4.4 | -1.5% |
| France | 2.3 | 2.2 | 3.9 | 3.1 | 10.5% |
| Italy | 1.8 | 1.7 | 1.7 | 2.2 | 6.9% |
| Ireland | 1.3 | 0.8 | 0.7 | 0.8 | -14.9% |
| Others | 1.2 | 0.4 | 0.8 | 1.7 | 12.3% |
| Total | 19.2 | 19.5 | 21.8 | 26.1 | 10.8% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Spain in 2022:
- Germany (1015.1 tons)
- China (335.0 tons)
- Denmark (325.8 tons)
- France (216.0 tons)
- Italy (200.6 tons)
- Ireland (72.9 tons)
Exports of Pectic Substances; Pectinates and Pectates in Spain
For the fourth year in a row, Spain recorded growth in shipments abroad of pectic substances; pectinates and pectateses, which increased by 0.5% to 4.5K tons in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 138%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, pectic substances; pectinates and pectates exports surged to $29M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Pectic Substances; Pectinates and Pectates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 1.8 | 4.9 | 5.7 | 63.7% |
| Colombia | 1.9 | 0.9 | 1.5 | 4.8 | 36.2% |
| India | 0.2 | 0.5 | 0.8 | 2.1 | 119.0% |
| Portugal | 0.9 | 1.3 | 1.6 | 1.8 | 26.0% |
| Mexico | 0.6 | 0.4 | 0.6 | 1.5 | 35.7% |
| China | 1.1 | 1.0 | 1.9 | 1.4 | 8.4% |
| Pakistan | 0.5 | 0.9 | 1.0 | 1.0 | 26.0% |
| Algeria | 0.5 | 0.5 | 1.1 | 0.7 | 11.9% |
| Netherlands | N/A | 0.1 | 0.7 | 0.5 | 123.6% |
| Indonesia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Peru | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Belgium | N/A | N/A | 0.1 | 0.2 | 100.0% |
| South Korea | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | 3.2 | 6.0 | 6.7 | 8.5 | 38.5% |
| Total | 10.3 | 14.0 | 21.5 | 29.1 | 41.4% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Spain in 2022:
- Portugal (1079.4 tons)
- Netherlands (550.4 tons)
- United States (529.1 tons)
- Colombia (421.5 tons)
- India (191.1 tons)
- Mexico (129.9 tons)
- China (125.0 tons)
- Pakistan (97.0 tons)
- Indonesia (92.4 tons)
- Belgium (91.0 tons)
- South Korea (84.4 tons)
- Algeria (82.0 tons)
- Peru (79.2 tons)
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