Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (CIF) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $100,445 per ton, with a decrease of -25.9% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 826%. As a result, import price attained the peak level of $2,046 per kg. From 2014 to 2022, the average import prices failed to regain momentum.

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 Germany ($166,599 per ton), while the price for Democratic Republic of the Congo ($72,633 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+66.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $193,432 per ton in 2022, approximately reflecting the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves increased by +56.6% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $195,293 per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($808,596 per ton), while the average price for exports to Portugal ($55,333 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 Italy (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium

In 2022, approx. 13 tons of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves were imported into Belgium; with an increase of 164% compared with 2021 figures. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves soared to $1.3M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands47942151283220.2%
PolandN/AN/A105266153.3%
France0.920.046.6132427.4%
Democratic Republic of the CongoN/AN/A9.043.6384.4%
IndiaN/A48.60.22.2-78.7%
Others25.76.57.053.427.6%
Total5054966801,33038.1%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Belgium in 2022:

  1. Netherlands (9.1 tons)
  2. Poland (2.2 tons)
  3. France (1.1 tons)
  4. Democratic Republic of the Congo (0.6 tons)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium

In 2022, approx. 630 kg of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves were exported from Belgium; with an increase of 73% on 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves skyrocketed to $122K in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 98% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.232.427.746.177.8%
Switzerland0.33.414.733.1379.6%
Netherlands1.43.42.49.085.9%
Germany7.94.61.75.0-14.1%
France1.74.33.54.942.3%
Brazil0.1N/AN/A3.8236.2%
United Kingdom2.61.82.41.9-9.9%
Poland0.51.40.81.647.4%
Italy0.42.01.40.931.0%
Spain3.33.01.40.9-35.2%
Portugal0.30.20.30.838.7%
Burkina Faso3.8N/AN/AN/A0%
South AfricaN/A3.33.4N/A3.0%
Others6.914.011.713.926.3%
Total37.474.071.312248.3%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Belgium in 2022:

  1. Switzerland (272.0 kg)
  2. United States (57.0 kg)
  3. Netherlands (54.0 kg)
  4. France (53.0 kg)
  5. Germany (28.0 kg)
  6. Brazil (24.0 kg)
  7. Portugal (15.0 kg)
  8. United Kingdom (15.0 kg)
  9. Italy (12.0 kg)
  10. Poland (11.0 kg)
  11. Spain (10.0 kg)

Source: IndexBox Market Intelligence Platform

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