India remains the leader in the export of mucilages and thickeners from locust bean and guar seeds. Despite this, India experienced a decline of approximately 10.73% year-on-year in 2023, whereas Spain and Italy saw modest growths of around 1.32% and 1.3%, respectively. Other notable shifts include Switzerland's increase by 3.79% and Denmark's by 1.0%, contrasted by declines in countries such as the United States (-5.73%) and Pakistan (-4.11%). Emerging growth in markets like Saudi Arabia and Slovenia, with impressive percentage increases, suggests a potential shift in the global landscape.
Looking ahead, China’s steadfast position amidst mixed variances in other countries symbolizes a stable market on the horizon. Watch for the potential resurgence of India if concerns affecting exports are curtailed, and monitor the robust growth in non-traditional markets like Saudi Arabia and Slovenia as key trends influencing global mucilage and thickener exports.
Top countries in Export of Mucilages and Thickeners from Locust Bean and Guar Seeds by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 397,630,000 | 2023 | -11.45% | -10.73% | View data |
| 2 | 2 Spain | 151,380,000 | 2023 | +3.06% | +1.32% | View data |
| 3 | 3 Italy | 101,040,000 | 2023 | +3.6% | +1.3% | View data |
| 4 | 4 United States | 42,542,000 | 2023 | -5.15% | -5.73% | View data |
| 5 | 5 Pakistan | 32,118,000 | 2023 | -3.28% | -4.11% | View data |
| 6 | 6 Switzerland | 26,715,000 | 2023 | +3.12% | +3.79% | View data |
| 7 | 7 Germany | 25,402,000 | 2023 | -1.6% | -2.58% | View data |
| 8 | 8 Denmark | 23,704,000 | 2023 | +1.62% | +1% | View data |
| 9 | 9 Netherlands | 22,360,000 | 2023 | -2.41% | -2.71% | View data |
| 10 | 10 France | 15,972,000 | 2023 | +0.039% | -0.45% | View data |
