Ester Gums Price in Uruguay - 2022
Contents:
Ester Gums Price in Uruguay (CIF) - 2022
The average ester gums import price stood at $2,594 per ton in 2022, with an increase of 32% against the previous year. Overall, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $4,010 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +12.8% per year.
Ester Gums Imports in Uruguay
In 2022, after three years of growth, there was significant decline in overseas purchases of ester gumses, when their volume decreased by -99.8% to 1 tons. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 46%. As a result, imports reached the peak of 548 tons, and then shrank dramatically in the following year.
In value terms, ester gums imports reduced sharply to $2.6K in 2022. Overall, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 16%.
| Import of Ester Gums in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 43.8 | 2.3 | N/A | 2.6 | -61.0% |
| United States | 773 | 940 | 1,010 | N/A | 14.3% |
| Others | 1.0 | 2.6 | 62.6 | N/A | 691.2% |
| Total | 818 | 945 | 1,073 | 2.6 | -85.3% |
Top Suppliers of Ester Gums to Uruguay in 2022:
- Brazil (1.0 tons)
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