What is the price of agar per kilogram/pound in US today?
The retail price range for US agar is between US$ 14.71 and US$ 19.61 per kilogram or between US$ 6.67 and US$ 8.89 per pound(lb). Click here to see today's exact prices of agar in US
The retail price range in Euro for agar is between EUR 13.49 and EUR 17.99 per kilogram or between EUR 6.12 and EUR 8.16 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US agar is between US$ 10.30 and US$ 13.73 per kilogram or between US$ 4.67 and US$ 6.23 per pound(lb).
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US Agar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Agar from the US over the last five years has seen a steady decline. In 2011, the price was 22.38 US dollars per kg, and by 2021, it had dropped to 29.05 US dollars per kg. The lowest price was seen in 2020, when it was 26.71 US dollars per kg. The price has been increasing since then, and in 2021, it was 29.05 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Agar from the US in 2023 will be around 28.00 US dollars per kg, and in 2024, it will be around 26.50 US dollars per kg.US Agar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Agar into the US over the last five years has been quite volatile. In 2017, the price was 33.69 US dollars per kilogram, before dropping to 32.91 US dollars per kilogram in 2018. This was followed by a significant decrease in 2019, when the price fell to 28.64 US dollars per kilogram. In 2020, the price dropped further to 26.71 US dollars per kilogram, before rising again to 29.05 US dollars per kilogram in 2021. The most recent data shows that the price of Agar has dropped to 27.10 US dollars per kilogram in 2022. Based on the data, it is likely that the price of Agar will remain relatively stable in the next two years. We predict that the price of Agar will be 27.50 US dollars per kilogram in 2023 and 27.90 US dollars per kilogram in 2024.Export values for US agar
The total values in export for agar in US were US$ 4,506, US$ 5,289, US$ 5,989 and US$ 5,809 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of agar in other countries across North America: Canada agar, US agar, Anguilla agar, Antigua and Barbuda agar, Bermuda agar, Bonaire, Sint Eustatius and Saba agar, St.Pierre and Miquelon agar, United States Minor Outlying Islands agar, Cayman Islands agar & Greenland agar.
US agar - Production, Exports, Imports, Seasons and HS Codes
The amount of agar exported by US in 2020 was 238 tonnes. In 2019 US exported 204 tonnes of agar. Through 2019 alone, the demand for US agar (processed category) has increased, recording a change of 12.088 pc compared to the year 2018. Between 2017 and 2019, agar's exports grew by 29.94% netting the exporter US$5.81m for the year 2019. US' agar exports are classified as:
- Agar-agar, whether or not modified (HS code 130231)
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US agar export values
In 2019, US shipped agar with a value of 5.81m USD, a drop of -2.99% from 2018's total agar export of 5.989m USD. The annual change in value of US agar between 2017 to 2018 was 13.235%.
The annual/yearly change in the volume of US' agar exports between 2017 and 2019 was 29.94 percent compared to a variation of 12.088% in the period between 2018 and 2019.
US' share of the world's total agar's exports in 2019 was 1.2%. US holds number 12 in world exports of agar.
Export markets for US agar ( in '000$ )
Import/Export Trends
US is a net exporter of agar. The annual growth of US agar in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity through the same period was -13%, per annum.
US imported 1,647 tonnes of agar in 2019.