United Kingdom - 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 the UK - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in the UK (CIF) - 2023
- Price for Lauric Acid and Other Acids, Their Salts and Esters in the UK (FOB) - 2022
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in the UK
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in the UK
Price for Lauric Acid and Other Acids, Their Salts and Esters in the UK (CIF) - 2023
In November 2023, the average import price for lauric acid and other acids, their salts and esters amounted to $2,209 per ton, shrinking by -16.4% against the previous month. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in May 2023 an increase of 18% against the previous month. The import price peaked at $3,078 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,286 per ton), while the price for Sweden ($1,158 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in the UK (FOB) - 2022
In 2022, the average export price for lauric acid and other acids, their salts and esters amounted to $2,315 per ton, rising by 5.2% against the previous year. Overall, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 an increase of 14%. The export price peaked at $2,875 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,561 per ton), while the average price for exports to Belgium ($1,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in the UK
In 2022, imports of lauric acid and other acids, their salts and esters into the UK contracted to 64K tons, which is down by -11.8% against the year before. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.
In value terms, imports of lauric acid and other acids, their salts and esters shrank to $238M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports attained the peak of $243M, and then reduced slightly in the following year.
Import of Lauric Acid and Other Acids, Their Salts and Esters in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 58.4 | 79.9 | 107 | 79.7 | 10.9% |
Sweden | 25.7 | 23.9 | 33.1 | 33.5 | 9.2% |
Germany | 28.9 | 27.7 | 38.6 | 30.5 | 1.8% |
United States | 5.0 | 3.3 | 8.1 | 26.0 | 73.2% |
Netherlands | 15.7 | 16.4 | 16.2 | 15.5 | -0.4% |
Malaysia | 2.8 | 1.4 | 3.7 | 11.7 | 61.1% |
Switzerland | 5.6 | 6.0 | 8.1 | 10.9 | 24.9% |
France | 5.8 | 6.7 | 7.4 | 8.1 | 11.8% |
Spain | 10.8 | 15.4 | 8.7 | 4.8 | -23.7% |
Belgium | 4.6 | 3.4 | 4.7 | 2.3 | -20.6% |
Others | 7.3 | 6.6 | 7.3 | 14.9 | 26.8% |
Total | 171 | 191 | 243 | 238 | 11.7% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to the UK in 2022:
- Sweden (23.7K tons)
- Germany (11.5K tons)
- United States (7.2K tons)
- China (6.4K tons)
- Netherlands (4.9K tons)
- Malaysia (3.2K tons)
- France (1.7K tons)
- Switzerland (1.6K tons)
- Belgium (0.8K tons)
- Spain (0.6K tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in the UK
In 2022, exports of lauric acid and other acids, their salts and esters from the UK fell to 36K tons, with a decrease of -13.3% against the year before. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; however, 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 41% against the previous year. As a result, the exports reached the peak of 41K tons, and then shrank in the following year.
In value terms, exports of lauric acid and other acids, their salts and esters contracted to $82M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $90M, and then declined in the following year.
Export of Lauric Acid and Other Acids, Their Salts and Esters in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 34.3 | 24.8 | 36.3 | 36.3 | 1.9% |
China | 13.0 | 12.1 | 15.1 | 12.5 | -1.3% |
Netherlands | 3.7 | 2.7 | 13.4 | 8.8 | 33.5% |
Mexico | 5.6 | 5.5 | 6.6 | 8.4 | 14.5% |
Germany | 7.9 | 7.3 | 4.0 | 3.7 | -22.3% |
Ireland | 1.6 | 1.2 | 1.9 | 1.8 | 4.0% |
South Korea | 2.5 | 2.6 | 3.2 | 1.4 | -17.6% |
Others | 11.3 | 9.7 | 10.0 | 9.7 | -5.0% |
Total | 79.8 | 66.0 | 90.4 | 82.5 | 1.1% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from the UK in 2022:
- Belgium (18.9K tons)
- China (5.7K tons)
- Mexico (4.2K tons)
- Netherlands (4.1K tons)
- Germany (0.5K tons)
- Ireland (0.5K tons)
- South Korea (0.5K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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