Finland - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFinland: Market for Lauric Acid And Other Acids, Their Salts And Esters 2024
Market Size for Lauric Acid And Other Acids, Their Salts And Esters in Finland
The Finnish market for lauric acid and other acids, their salts and esters fell sharply to $X in 2023, waning by X% against the previous year. In general, consumption, however, continues to indicate a resilient increase. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.
Production of Lauric Acid And Other Acids, Their Salts And Esters in Finland
In value terms, production of lauric acid and other acids, their salts and esters contracted to $X in 2023 estimated in export price. Over the period under review, production, however, showed moderate growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.
Exports of Lauric Acid And Other Acids, Their Salts And Esters
Exports from Finland
After two years of decline, overseas shipments of lauric acid and other acids, their salts and esters increased by X% to X tons in 2023. Overall, exports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.
In value terms, exports of lauric acid and other acids, their salts and esters surged to $X in 2023. In general, exports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports of attained the maximum in 2023 and are likely to see steady growth in the near future.
Exports by Country
Sweden (X tons) was the main destination for exports of lauric acid and other acids, their salts and esters from Finland, accounting for a X% share of total exports. Moreover, exports of lauric acid and other acids, their salts and esters to Sweden exceeded the volume sent to the second major destination, Germany (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovakia (X% per year).
In value terms, Sweden ($X) remains the key foreign market for lauric acid and other acids, their salts and esters exports from Finland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovakia (X% per year).
Export Prices by Country
In 2023, the average export price for lauric acid and other acids, their salts and esters amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), 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
Imports into Finland
Imports of lauric acid and other acids, their salts and esters into Finland dropped to X tons in 2023, waning by X% against 2022. Overall, imports showed a perceptible descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports of failed to regain momentum.
In value terms, imports of lauric acid and other acids, their salts and esters dropped dramatically to $X in 2023. In general, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then fell significantly in the following year.
Imports by Country
Germany (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of imports of lauric acid and other acids, their salts and esters to Finland, together accounting for X% of total imports. Belgium, Switzerland, Hungary, Italy and China lagged somewhat behind, together accounting for a further X%.
From 2013 to 2023, the biggest increases were recorded for Switzerland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) constituted the largest lauric acid and other acids, their salts and esters suppliers to Finland, with a combined X% share of total imports. Switzerland, Belgium, Hungary, Italy and China lagged somewhat behind, together comprising a further X%.
Among the main suppliers, Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for lauric acid and other acids, their salts and esters amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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