Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Guatemala - 2023

Contents:

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

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

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $29,008 per ton in 2022, reducing by -15% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $49,210 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($61,300 per ton), while the price for Spain ($16,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+18.4%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $7,412 per ton, shrinking by -60.9% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 52%. The export price peaked at $24,818 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +9.0% per year.

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

Imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Guatemala surged to 1.6 tons in 2022, rising by 120% against 2021 figures. Overall, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 167% against the previous year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses soared to $47K in 2022. In general, imports, however, recorded a abrupt decline.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.70.40.317.4191.8%
Spain0.1N/A0.112.6401.3%
Netherlands3.20.21.111.653.6%
Italy15.22.23.32.3-46.7%
Mexico57.310.018.50.1-88.0%
Others9.20.81.73.0-31.2%
Total85.713.625.147.1-18.1%

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

  1. Spain (767.0 kg)
  2. Germany (529.0 kg)
  3. Netherlands (190.0 kg)
  4. Italy (110.0 kg)
  5. Mexico (4.0 kg)

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

In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Guatemala soared to 34 kg, jumping by 79% compared with the year before. In general, exports, however, showed a slight decline.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses fell rapidly to $252 in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 117%. As a result, the exports reached the peak of $661. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica12484.079.025226.7%
Nicaragua180154178N/A-0.6%
GuyanaN/A286N/AN/A0%
El SalvadorN/A137N/AN/A0%
OthersN/AN/A103N/A0%
Total304661360252-6.1%

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

  1. Costa Rica (34.0 kg)

Source: IndexBox Market Intelligence Platform

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