Price for Pectic Substances; Pectinates and Pectates in Argentina - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Argentina (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Argentina (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Argentina
- Exports of Pectic Substances; Pectinates and Pectates in Argentina
Price for Pectic Substances; Pectinates and Pectates in Argentina (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $12,344 per ton in 2022, shrinking by -1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2015 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $14,571 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Germany ($15,371 per ton), while the price for Mexico ($10,126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Argentina (FOB) - 2022
In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $13,836 per ton, with an increase of 39% against the previous year. Over the period under review, the export price continues to indicate moderate growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 62%. Over the period under review, the average export prices reached the peak figure at $25,475 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($28,750 per ton), while the average price for exports to El Salvador ($1,115 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 Israel (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Pectic Substances; Pectinates and Pectates in Argentina
In 2022, the amount of pectic substances; pectinates and pectateses imported into Argentina rose sharply to 845 tons, picking up by 15% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports expanded markedly to $10M in 2022. The total import value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.5 | 3.5 | 3.3 | 4.2 | 18.9% |
| France | 0.8 | 1.2 | 1.4 | 1.7 | 28.6% |
| China | 0.5 | 1.3 | 1.4 | 1.4 | 40.9% |
| Mexico | 0.7 | 0.7 | 1.6 | 1.3 | 22.9% |
| Italy | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
| Denmark | 1.6 | 0.5 | 0.3 | 0.4 | -37.0% |
| Germany | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| Others | 0.4 | 0.6 | 0.5 | 0.4 | 0.0% |
| Total | 7.4 | 8.3 | 9.2 | 10.4 | 12.0% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Argentina in 2022:
- Brazil (314.1 tons)
- Mexico (129.9 tons)
- France (129.1 tons)
- China (128.0 tons)
- Italy (62.2 tons)
- Denmark (29.4 tons)
- Germany (19.3 tons)
Exports of Pectic Substances; Pectinates and Pectates in Argentina
In 2022, the amount of pectic substances; pectinates and pectateses exported from Argentina declined to 1.4 tons, dropping by -6.7% against the year before. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 7.4% against the previous year.
In value terms, pectic substances; pectinates and pectates exports skyrocketed to $20K in 2022. In general, exports saw a precipitous shrinkage.
| Export of Pectic Substances; Pectinates and Pectates in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 43.0 | 21.8 | 13.9 | 18.1 | -25.1% |
| Italy | 3.4 | 1.4 | 0.7 | 0.8 | -38.3% |
| Chile | 1.7 | 0.9 | 0.6 | 0.8 | -22.2% |
| El Salvador | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.3 | 0.1 | 0.2 | -34.1% |
| Total | 48.8 | 24.4 | 15.4 | 19.9 | -25.8% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Argentina in 2022:
- Israel (1048.0 kg)
- Italy (321.0 kg)
- Chile (28.0 kg)
- El Salvador (26.0 kg)
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