North America

In North America, the price of Agar Agar fluctuated throughout Q4 2022, supported by conflicting market emotions. Due to the ongoing global pandemic, downstream firms, especially the food industry and laboratories, decreased their demand, which led to a drop in prices in the first quarter of 2022. The market has large inventories, which has lowered prices. Additionally, there is an ample supply to satisfy consumer demand. Additionally, prices rose in the second month of…