United Kingdom: Market for Glycosides And Vegetable Alkaloids 2025

Market Size for Glycosides And Vegetable Alkaloids in the UK

The UK glycosides and vegetable alkaloids market amounted to $X in 2021, rising by 13% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.1% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Glycosides And Vegetable Alkaloids in the UK

In value terms, glycosides and vegetable alkaloids production stood at $X in 2021 estimated in export price. In general, production, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 214% against the previous year. Glycosides and vegetable alkaloids production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports from the UK

In 2021, overseas shipments of glycosides and vegetable alkaloids decreased by -7% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2015 with an increase of 42% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, glycosides and vegetable alkaloids exports dropped remarkably to $X in 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 120% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), France (X tons) and Switzerland (X tons) were the main destinations of glycosides and vegetable alkaloids exports from the UK, with a combined 57% share of total exports. These countries were followed by Spain, the Netherlands, Poland, Germany, Italy, Mexico, Turkey, Sweden, Ireland and Hungary, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +104.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for glycosides and vegetable alkaloids exports from the UK, comprising 53% of total exports. The second position in the ranking was held by Switzerland ($X), with a 13% share of total exports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+12.1% per year) and Germany (+10.7% per year).

Export Prices by Country

In 2021, the average glycosides and vegetable alkaloids export price amounted to $X per ton, which is down by -15.5% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glycosides And Vegetable Alkaloids

Imports into the UK

In 2021, imports of glycosides and vegetable alkaloids into the UK surged to X tons, growing by 20% on the previous year. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +111.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 57% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, glycosides and vegetable alkaloids imports dropped slightly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Ireland (X tons) and Germany (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to the UK, with a combined 68% share of total imports. Malaysia, India, Italy, Spain, Thailand, Australia, the Netherlands, South Korea, France and Sweden lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +383.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Spain ($X) and India ($X) were the largest glycosides and vegetable alkaloids suppliers to the UK, with a combined 39% share of total imports. China, Malaysia, Germany, Italy, Ireland, Thailand, France, the Netherlands, South Korea and Sweden lagged somewhat behind, together comprising a further 36%.

In terms of the main suppliers, Thailand, with a CAGR of +412.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glycosides and vegetable alkaloids import price stood at $X per ton in 2021, with a decrease of -20.7% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2016 when the average import price increased by 44%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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