Price for Lecithins and Other Phosphoaminolipids in Belgium - 2023
Contents:
- Price for Lecithins and Other Phosphoaminolipids in Belgium (CIF) - 2023
- Price for Lecithins and Other Phosphoaminolipids in Belgium (FOB) - 2022
- Imports of Lecithins and Other Phosphoaminolipids in Belgium
- Exports of Lecithins and Other Phosphoaminolipids in Belgium
Price for Lecithins and Other Phosphoaminolipids in Belgium (CIF) - 2023
The average lecithins and other phosphoaminolipids import price stood at $3,700 per ton in November 2023, with an increase of 8.3% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 58% against the previous month. As a result, import price attained the peak level of $5,460 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($6,110 per ton), while the price for the United States totaled $1,404 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lecithins and Other Phosphoaminolipids in Belgium (FOB) - 2022
The average lecithins and other phosphoaminolipids export price stood at $1,655 per ton in 2022, declining by -21.3% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth was the most pronounced in 2013 an increase of 31% against the previous year. The export price peaked at $2,852 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,543 per ton), while the average price for exports to Algeria ($896 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 the Netherlands (+7.5%), while the prices for the other major destinations experienced a decline.
Imports of Lecithins and Other Phosphoaminolipids in Belgium
After three years of growth, purchases abroad of lecithins and other phosphoaminolipidses decreased by less than 0.1% to 29K tons in 2022. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year.
In value terms, lecithins and other phosphoaminolipids imports soared to $80M in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 122%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lecithins and Other Phosphoaminolipids in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.2 | 17.0 | 23.7 | 40.1 | 48.7% |
| United States | 0.2 | 30.7 | 19.6 | 19.9 | 363.4% |
| Germany | 1.8 | 3.4 | 9.6 | 8.3 | 66.4% |
| Spain | 3.0 | 2.8 | 2.7 | 2.9 | -1.1% |
| Italy | 4.0 | 3.3 | 1.7 | 2.7 | -12.3% |
| United Kingdom | 4.9 | 0.7 | 0.1 | 0.6 | -50.3% |
| Others | 1.2 | 2.8 | 3.8 | 5.2 | 63.0% |
| Total | 27.3 | 60.7 | 61.2 | 79.7 | 42.9% |
Top Suppliers of Lecithins and Other Phosphoaminolipids to Belgium in 2022:
- Netherlands (19.0K tons)
- United States (5.8K tons)
- Germany (1.2K tons)
- Italy (0.7K tons)
- Spain (0.6K tons)
- United Kingdom (0.2K tons)
Exports of Lecithins and Other Phosphoaminolipids in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of lecithins and other phosphoaminolipidses, which increased by 114% to 15K tons in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 134% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, lecithins and other phosphoaminolipids exports skyrocketed to $25M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 104%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Lecithins and Other Phosphoaminolipids in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 5.5 | 2.9 | 7.9 | 197.5% |
| Netherlands | 1.2 | 3.3 | 3.7 | 3.3 | 40.1% |
| Brazil | 0.8 | N/A | N/A | 2.3 | 42.2% |
| Singapore | 1.9 | 1.5 | 2.4 | 2.0 | 1.7% |
| India | 0.5 | 0.4 | 0.7 | 2.0 | 58.7% |
| Algeria | 0.2 | 0.6 | 0.5 | 1.1 | 76.5% |
| United States | 0.4 | 0.1 | 0.5 | 0.5 | 7.7% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| Spain | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Others | 1.6 | 3.0 | 4.1 | 5.3 | 49.1% |
| Total | 7.1 | 14.6 | 15.0 | 25.2 | 52.5% |
Top Export Markets for Lecithins and Other Phosphoaminolipids from Belgium in 2022:
- Germany (8.3K tons)
- Brazil (1.2K tons)
- Algeria (1.2K tons)
- Singapore (1.2K tons)
- India (1.0K tons)
- Netherlands (0.5K tons)
- Poland (0.3K tons)
- United States (0.2K tons)
- Spain (0.2K tons)
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