Price for Glycosides; Rutoside (Rutin) and Its Derivatives in China - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in China (FOB) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in China (CIF) - 2022
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in China
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in China
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in China (FOB) - 2022
In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $61,675 per ton, with an increase of 21% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $68,131 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($92,187 per ton), while the average price for exports to Switzerland ($40,765 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 Slovenia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in China (CIF) - 2022
In April 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $6,008 per ton, approximately reflecting the previous month. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in November 2021 when the average import price increased by 206% against the previous month. As a result, import price reached the peak level of $60,000 per ton. From December 2021 to April 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From April 2021 to April 2022, the rate of growth in terms of prices for Germany amounted to -9.4% per month.
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in China
In 2022, approx. 1K tons of glycosides; rutoside (rutin) and its derivativeses were exported from China; picking up by 17% on 2021. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses soared to $64M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.4 | 2.7 | 5.3 | 9.8 | 30.6% |
| Russia | 3.1 | 2.6 | 4.9 | 7.1 | 31.8% |
| United States | 1.4 | 2.1 | 3.7 | 6.4 | 66.0% |
| France | 0.8 | 1.1 | 2.7 | 4.5 | 77.8% |
| Poland | 6.6 | 2.6 | 4.8 | 4.1 | -14.7% |
| India | 0.7 | 0.6 | 2.5 | 3.9 | 77.3% |
| Germany | 2.7 | 4.5 | 5.3 | 3.5 | 9.0% |
| Switzerland | 2.0 | 1.5 | 0.8 | 3.3 | 18.2% |
| Bulgaria | 4.6 | 1.6 | 1.3 | 3.3 | -10.5% |
| Netherlands | 0.1 | 0.1 | 0.3 | 2.5 | 192.4% |
| Vietnam | 0.7 | 0.9 | 1.1 | 1.9 | 39.5% |
| Australia | 0.4 | 1.0 | 2.0 | 1.7 | 62.0% |
| Slovenia | 0.7 | 1.4 | 0.7 | 1.6 | 31.7% |
| Others | 6.4 | 6.2 | 9.8 | 10.4 | 17.6% |
| Total | 34.6 | 29.0 | 45.2 | 64.0 | 22.8% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from China in 2022:
- Japan (145.3 tons)
- Russia (106.2 tons)
- India (82.3 tons)
- Switzerland (80.2 tons)
- Poland (79.2 tons)
- United States (77.9 tons)
- France (77.4 tons)
- Germany (62.8 tons)
- Vietnam (38.1 tons)
- Bulgaria (35.7 tons)
- Netherlands (30.5 tons)
- Slovenia (28.4 tons)
- Australia (25.2 tons)
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in China
In 2022, purchases abroad of glycosides; rutoside (rutin) and its derivativeses decreased by -73.3% to 384 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, enjoyed a significant increase.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses shrank dramatically to $604K in 2022. Overall, imports, however, posted a significant increase.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 2,714 | 569 | -79.0% |
| Brazil | N/A | N/A | 166 | 35.1 | -78.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | 2,880 | 604 | 1721.1% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to China in 2022:
- Germany (260.0 kg)
- Brazil (124.0 kg)
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