Procurement Resource provides latest prices of Paprika Oleoresin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Get the latest insights on price movement and trend analysis of Paprika Oleoresin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Owing to the current economic meltdown unleashed by the Russian invasion of Ukraine; food and feed prices shot up drastically. The price of paprika soared worldwide, thereby influencing the price trends for Paprika Oleoresin. In China, the zero-tolerance covid restrictions negatively impacted the logistics amid the surging transportation costs. With the buyers insisting on origin certificates, making it difficult for the sellers to sell the products considering transportation, fertilizers, and acreage issues.
Also, the good colour value of paprika decreased as the warm weather set in. In the USA, despite the high acreage of paprika, the prices shot up owing to robust demand from the downstream food and beverages industry. The precious cargoes from Peru did not arrive as the country’s stockpiles suffered due to adverse climatic conditions. A reduction in the acreage by 20% as compared to the previous planting season coupled with a lousy harvest caused the Paprika prices to surge. Hence, with the high-cost inflation and expensive logistics, the price of Paprika oleoresin remained anchored worldwide.
About Paprika Oleoresin:
Paprika Oleoresin, a reddish viscous liquid, is known as an oil-soluble extract derived from the fruits of Capsicum annuum or Capsicum frutescens. It is mainly utilised as a colouring and/or flavouring agent in food products. The product is much milder as compared to capsicum oleoresin, usually containing no capsaicin at all.
|Product Name||Paprika Oleoresin|
|Industrial Uses||Spice, Flavouring, Colouring|
|Synonyms||Oleoresin paprika, 84625-29-6, Paprika extract, Paprika colour|
|Supplier Database||Synthite Industries Ltd, Akay Group Ltd, Plant Lipids, Universal Oleoresins, BOS Natural Flavours (P) Limited|
|Region/Countries Covered||Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
It is manufactured by solvent extraction of the dried capsicum pods. Moreover, the extraction takes place by percolating volatile solvents like Hexane via dried paprika, followed by the removal of solvent traces.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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