Report Update: May 1, 2024

Netherlands - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights

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Phenylacetic Acid Price in the Netherlands - 2023

Phenylacetic Acid Price in the Netherlands (CIF) - 2023

In July 2023, the average phenylacetic acid import price amounted to $16,003 per ton, remaining relatively unchanged against the previous month. Overall, import price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, phenylacetic acid import price increased by +64.0% against May 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 63% month-to-month. The import price peaked at $19,395 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($22,396 per ton), while the price for Belgium ($7,339 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 India (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenylacetic Acid Price in the Netherlands (FOB) - 2023

The average phenylacetic acid export price stood at $15,021 per ton in July 2023, which is down by -19.8% against the previous month. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in December 2022 an increase of 12% month-to-month. The export price peaked at $20,824 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($22,284 per ton), while the average price for exports to Indonesia ($14,278 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 Morocco (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Phenylacetic Acid Imports in the Netherlands

After three years of growth, overseas purchases of phenylacetic acid, its salts and esters decreased by -24.3% to 1.2K tons in 2022. Over the period under review, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 11%.

In value terms, phenylacetic acid imports dropped to $18M in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Phenylacetic Acid in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.4	4.9	3.5	5.2	-1.3%
Germany	1.3	3.0	2.5	1.7	9.4%
Belgium	0.8	0.6	0.5	0.6	-9.1%
United Kingdom	N/A	0.5	0.3	0.2	-36.8%
Italy	0.1	N/A	N/A	0.1	0.0%
France	N/A	N/A	0.2	0.1	-50.0%
China	0.1	2.5	2.7	0.1	0.0%
India	10.1	8.7	7.6	N/A	-13.3%
Others	0.9	0.4	0.4	9.5	119.4%
Total	18.6	20.7	17.8	17.6	-1.8%

Top Suppliers of Phenylacetic Acid to the Netherlands in 2022:

United States (223.8 tons)
Germany (142.0 tons)
Belgium (78.8 tons)
China (20.9 tons)
Italy (11.7 tons)
United Kingdom (11.6 tons)
France (7.9 tons)
India (2.0 tons)

Phenylacetic Acid Exports in the Netherlands

In 2022, the amount of phenylacetic acid, its salts and esters exported from the Netherlands soared to 1.1K tons, with an increase of 36% compared with 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, phenylacetic acid exports soared to $18M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 116%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Phenylacetic Acid in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	0.6	3.9	4.2	6.4	120.1%
Italy	0.3	0.4	0.7	2.6	105.4%
Turkey	0.3	0.4	1.2	1.8	81.7%
Egypt	0.3	0.1	0.8	1.6	74.7%
Indonesia	N/A	0.4	0.1	1.2	73.2%
Germany	0.7	1.3	1.2	1.1	16.3%
Belgium	0.6	0.6	1.3	0.6	0.0%
Spain	N/A	N/A	0.1	0.3	200.0%
Morocco	0.8	1.3	1.0	N/A	11.8%
United Arab Emirates	0.4	0.3	N/A	N/A	-25.0%
Others	0.5	1.1	0.5	3.0	81.7%
Total	4.6	9.9	11.0	18.5	59.0%

Top Export Markets for Phenylacetic Acid from the Netherlands in 2022:

Greece (267.8 tons)
Italy (154.1 tons)
Belgium (88.8 tons)
Turkey (86.6 tons)
Germany (82.6 tons)
Indonesia (61.9 tons)
Egypt (61.0 tons)
Spain (53.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phenylacetic acid market in the Netherlands. 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:

Netherlands

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Netherlands
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023