Italy - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenylacetic Acid Price in Italy - 2023
Contents:
- Phenylacetic Acid Price in Italy (CIF) - 2023
- Phenylacetic Acid Price in Italy (FOB) - 2023
- Phenylacetic Acid Imports in Italy
- Phenylacetic Acid Exports in Italy
Phenylacetic Acid Price in Italy (CIF) - 2023
The average phenylacetic acid import price stood at $11,944 per ton in July 2023, reducing by -47.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 50% m-o-m. Over the period under review, average import prices attained the maximum at $22,689 per ton in June 2023, and then reduced markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($15,945 per ton), while the price for China ($10,588 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenylacetic Acid Price in Italy (FOB) - 2023
The average phenylacetic acid export price stood at $26,565 per ton in July 2023, which is down by -8.2% against the previous month. In general, the export price, however, posted modest growth. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 281% against the previous month. The export price peaked at $59,493 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Poland ($124K per ton), while the average price for exports to Switzerland ($2,395 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phenylacetic Acid Imports in Italy
Phenylacetic acid imports into Italy was estimated at 4.9K tons in 2022, with an increase of 13% on the previous year's figure. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, phenylacetic acid imports skyrocketed to $89M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phenylacetic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.5 | 42.9 | 49.1 | 57.0 | 17.1% |
| India | 15.3 | 10.6 | 11.6 | 14.3 | -2.2% |
| Belgium | 2.0 | 7.9 | 5.2 | 6.1 | 45.0% |
| Germany | 5.3 | 3.1 | 2.5 | 4.2 | -7.5% |
| United States | 1.4 | 0.8 | 1.6 | 1.9 | 10.7% |
| Poland | 0.9 | 0.9 | 1.1 | 1.2 | 10.1% |
| Others | 6.1 | 3.2 | 2.7 | 4.5 | -9.6% |
| Total | 66.3 | 69.2 | 73.9 | 89.2 | 10.4% |
Top Suppliers of Phenylacetic Acid to Italy in 2022:
- China (2704.8 tons)
- India (1071.8 tons)
- Belgium (395.9 tons)
- Germany (389.2 tons)
- Poland (110.3 tons)
- United States (80.1 tons)
Phenylacetic Acid Exports in Italy
For the third consecutive year, Italy recorded decline in overseas shipments of phenylacetic acid, its salts and esters, which decreased by -4.5% to 356 tons in 2022. Over the period under review, exports faced a abrupt slump.
In value terms, phenylacetic acid exports skyrocketed to $11M in 2022. Overall, exports saw a deep downturn.
| Export of Phenylacetic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.8 | 8.7 | 4.6 | 6.1 | -7.9% |
| Belgium | 3.6 | 3.3 | 2.5 | 2.7 | -9.1% |
| France | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Switzerland | 1.3 | 0.1 | 0.1 | 0.4 | -32.5% |
| Slovenia | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
| Brazil | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Netherlands | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Others | 0.7 | 1.2 | 1.2 | 0.5 | -10.6% |
| Total | 14.3 | 14.1 | 9.2 | 10.7 | -9.2% |
Top Export Markets for Phenylacetic Acid from Italy in 2022:
- Belgium (177.5 tons)
- Germany (92.5 tons)
- Slovenia (20.4 tons)
- Switzerland (16.6 tons)
- Netherlands (16.4 tons)
- France (9.8 tons)
- Brazil (4.9 tons)
This report provides an in-depth analysis of the phenylacetic acid market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143367 - Phenylacetic acid, its salts and esters
- Prodcom 20143370 - Aromatic monocarboxylic acids, (anhydrides), halides, p eroxides, peroxyacids, derivatives excluding benzoic acid, p henylacetic acids their salts/esters, benzoyl peroxide, b enzoyl chloride
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
307
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The import trend for Benzoic Acid remained relatively unchanged, while the value of imports increased to $3.1M in September 2023.
277
Imports of Acrylic Acid Esters reached a peak of 12K tons, but dramatically declined in the subsequent month. In terms of value, imports of acrylic acid esters dropped significantly to $12M in July 2023.
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In March 2023, the methacrylic acid price stood at $2,550 per ton (CIF, Italy), dropping by -4.7% against the previous month.
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In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
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In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
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The import trend for Benzoic Acid remained relatively unchanged, while the value of imports increased to $3.1M in September 2023.
277
Imports of Acrylic Acid Esters reached a peak of 12K tons, but dramatically declined in the subsequent month. In terms of value, imports of acrylic acid esters dropped significantly to $12M in July 2023.
281
In March 2023, the methacrylic acid price stood at $2,550 per ton (CIF, Italy), dropping by -4.7% against the previous month.
951
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
907
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
