Increased Demand for Guar Gum Drives US-Belgium Trade
A surge in demand for guar gum, used as a thickener in food and industrial applications, has led to a notable increase in exports from the United States to Belgium. Trade data indicates a 20% rise in shipments of mucilages and thickeners (HS Code: 130232) over the past quarter.
2023-10-15
Impact: This trend is likely to strengthen trade ties, with US exporters benefiting from Belgium's growing food processing industry, though supply chain constraints may pose risks.
Belgium Importers Seek Sustainable Sources for Locust Bean Gum
Belgian companies have expressed interest in sourcing sustainably produced locust bean gum from the US, driven by EU regulations on environmental standards. Negotiations for long-term contracts are underway.
2023-09-28
Impact: This could lead to higher export volumes from the US if suppliers meet sustainability criteria, potentially increasing market share in the EU.
Logistics Delays Impact US-Belgium Mucilage Trade
Recent port congestion and shipping delays have affected the timely delivery of mucilages and thickeners from the US to Belgium, causing temporary shortages for Belgian manufacturers.
2023-08-10
Impact: Short-term trade disruptions may lead to higher costs and reduced reliability, prompting importers to explore alternative suppliers or routes.
