Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $117,444 per ton, declining by -28.6% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $164,476 per ton, and then reduced remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.6% per year.

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

In 2022, overseas purchases of glycosides; rutoside (rutin) and its derivativeses decreased by -12.4% to 162 kg, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of 187 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses fell markedly to $19K in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of $30K, and then reduced sharply in the following year.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.115.830.218.913.0%
Others0.50.10.20.2-26.3%
Total13.615.930.419.011.8%

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

  1. China (160.0 kg)

Source: IndexBox Market Intelligence Platform

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