Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Iran - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Iran (CIF) - 2022
  2. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Iran

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Iran (CIF) - 2022

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $37,536 per ton in 2022, shrinking by -4.5% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glycosides; rutoside (rutin) and its derivativeses increased by +41.9% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 43%. Over the period under review, average import prices hit record highs at $39,293 per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($108,691 per ton), while the price for Germany stood at $9,759 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Iran

In 2022, purchases abroad of glycosides; rutoside (rutin) and its derivativeses decreased by -78.5% to 577 kg, falling for the second year in a row after two years of growth. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 433% against the previous year. As a result, imports attained the peak of 4.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses dropped significantly to $22K in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 392% against the previous year. As a result, imports reached the peak of $151K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.380.670.217.674.7%
Germany3.255.935.54.07.7%
Italy24.2N/AN/AN/A0%
OthersN/A14.4N/AN/A0%
Total30.715110621.7-10.9%

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

  1. Germany (415.0 kg)
  2. China (162.0 kg)

Source: IndexBox Market Intelligence Platform

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