Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada - 2023

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada (CIF) - 2022
2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada (FOB) - 2022
3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada
4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $11,004 per ton, surging by 15% 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 2014 when the average import price increased by 28%. As a result, import price attained the peak level of $15,127 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Morocco ($43,325 per ton), while the price for Taiwan (Chinese) ($2,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $2,408 per ton, dropping by -52.3% against the previous year. Over the period under review, the export price faced a drastic downturn. The growth pace was the most rapid in 2021 an increase of 117% against the previous year. The export price peaked at $22,128 per ton in 2015; however, from 2016 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 the United States ($30,750 per ton), while the average price for exports to Turkey ($2,040 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 the United States (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Canada fell remarkably to 300 tons, with a decrease of -20.5% compared with the previous year. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped to $3.3M in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of $3.6M, and then declined in the following year.

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Canada in 2022:

1. Taiwan (Chinese) (125.6 tons)
2. Italy (39.0 tons)
3. China (38.0 tons)
4. United States (31.7 tons)
5. Spain (21.3 tons)
6. Chile (14.0 tons)
7. Morocco (10.3 tons)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Canada

Exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Canada rose slightly to 6.1 tons in 2022, growing by 2.7% against the previous year's figure. Overall, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses declined notably to $15K in 2022. In general, exports, however, continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 5.3%.

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Canada in 2022:

1. Taiwan (Chinese) (3.4 tons)
2. Poland (1.3 tons)
3. South Korea (1.2 tons)
4. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform