Germany - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in Germany - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Germany (FOB) - 2023
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Germany (CIF) - 2023
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in Germany
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in Germany
Price for Lauric Acid and Other Acids, Their Salts and Esters in Germany (FOB) - 2023
In October 2023, the average export price for lauric acid and other acids, their salts and esters amounted to $3,203 per ton, reducing by -4.2% against the previous month. Over the period under review, the export price showed a mild shrinkage. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 26% m-o-m. As a result, the export price attained the peak level of $4,810 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($6,631 per ton), while the average price for exports to Hong Kong SAR ($2,159 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in Germany (CIF) - 2023
The average import price for lauric acid and other acids, their salts and esters stood at $6,728 per ton in October 2023, jumping by 64% against the previous month. Over the period under review, import price indicated pronounced growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for lauric acid and other acids, their salts and esters increased by +43.6% against June 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,299 per ton), while the price for Indonesia ($2,225 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lauric Acid and Other Acids, Their Salts and Esters in Germany
In 2022, the amount of lauric acid and other acids, their salts and esters exported from Germany contracted to 144K tons, waning by -10.4% compared with the previous year's figure. Overall, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of 161K tons, and then reduced in the following year.
In value terms, exports of lauric acid and other acids, their salts and esters expanded significantly to $514M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Lauric Acid and Other Acids, Their Salts and Esters in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.4 | 48.3 | 69.8 | 89.4 | 14.6% |
Belgium | 45.3 | 35.0 | 47.2 | 62.9 | 11.6% |
Netherlands | 28.0 | 25.1 | 33.4 | 38.6 | 11.3% |
Spain | 29.1 | 23.9 | 32.3 | 36.0 | 7.4% |
United States | 42.2 | 30.7 | 36.3 | 33.8 | -7.1% |
United Kingdom | 18.2 | 15.1 | 27.4 | 28.8 | 16.5% |
Italy | 23.3 | 21.7 | 27.3 | 25.1 | 2.5% |
France | 22.4 | 19.9 | 25.8 | 22.3 | -0.1% |
Mexico | 16.2 | 14.1 | 14.9 | 18.6 | 4.7% |
Switzerland | 16.5 | 15.1 | 19.5 | 18.3 | 3.5% |
South Korea | 15.1 | 10.5 | 15.4 | 16.8 | 3.6% |
India | 8.1 | 8.6 | 13.0 | 10.4 | 8.7% |
Hungary | 8.1 | 6.1 | 9.1 | 10.0 | 7.3% |
Others | 90.2 | 88.3 | 112 | 102 | 4.2% |
Total | 422 | 362 | 484 | 514 | 6.8% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from Germany in 2022:
- China (29.1K tons)
- Belgium (27.2K tons)
- Netherlands (14.1K tons)
- United Kingdom (9.9K tons)
- Spain (8.4K tons)
- United States (6.3K tons)
- South Korea (5.9K tons)
- Italy (5.6K tons)
- Mexico (5.2K tons)
- France (4.2K tons)
- Switzerland (3.9K tons)
- Hungary (2.8K tons)
- India (2.4K tons)
Imports of Lauric Acid and Other Acids, Their Salts and Esters in Germany
Imports of lauric acid and other acids, their salts and esters into Germany shrank slightly to 69K tons in 2022, falling by -2.4% against 2021. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 71K tons, and then reduced modestly in the following year.
In value terms, imports of lauric acid and other acids, their salts and esters soared to $304M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Lauric Acid and Other Acids, Their Salts and Esters in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 43.8 | 53.3 | 73.3 | 95.7 | 29.8% |
Belgium | 27.8 | 26.6 | 36.7 | 40.8 | 13.6% |
China | 39.6 | 23.4 | 27.0 | 29.2 | -9.7% |
Switzerland | 23.4 | 22.8 | 19.3 | 21.8 | -2.3% |
United States | 20.6 | 10.2 | 17.7 | 18.7 | -3.2% |
Hungary | 9.9 | 11.1 | 13.5 | 18.4 | 22.9% |
Sweden | 12.7 | 9.6 | 16.6 | 17.9 | 12.1% |
France | 8.3 | 12.0 | 13.2 | 16.4 | 25.5% |
Italy | 2.6 | 5.3 | 5.8 | 11.2 | 62.7% |
Indonesia | 3.3 | 2.0 | 2.4 | 8.9 | 39.2% |
Malaysia | 7.4 | 2.3 | 1.8 | 3.6 | -21.4% |
Austria | 1.7 | 2.5 | 2.7 | 2.3 | 10.6% |
United Kingdom | 8.8 | 10.7 | 2.1 | 1.4 | -45.8% |
Others | 18.9 | 11.3 | 15.5 | 17.6 | -2.3% |
Total | 229 | 203 | 248 | 304 | 9.9% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to Germany in 2022:
- Netherlands (25.3K tons)
- Belgium (11.1K tons)
- Sweden (7.8K tons)
- Hungary (4.6K tons)
- Switzerland (4.2K tons)
- China (3.1K tons)
- France (2.3K tons)
- Indonesia (1.9K tons)
- Italy (1.8K tons)
- United States (1.5K tons)
- Austria (1.4K tons)
- Malaysia (0.7K tons)
- United Kingdom (0.2K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Germany. 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 20143280 - Lauric acid and others, salts and esters
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
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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
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