Belgium - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in Belgium - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Belgium (CIF) - 2023
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Belgium (FOB) - 2023
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in Belgium
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in Belgium
Price for Lauric Acid and Other Acids, Their Salts and Esters in Belgium (CIF) - 2023
In October 2023, the average import price for lauric acid and other acids, their salts and esters amounted to $3,053 per ton, surging by 26% against the previous month. In general, the import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in January 2023 an increase of 41% against the previous month. The import price peaked at $4,387 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($3,383 per ton), while the price for the UK ($2,240 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 the UK (+2.1%), 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 Belgium (FOB) - 2023
The average export price for lauric acid and other acids, their salts and esters stood at $3,353 per ton in October 2023, dropping by -10.3% against the previous month. Over the period under review, the export price recorded a slight reduction. The pace of growth was the most pronounced in June 2023 when the average export price increased by 12% month-to-month. Over the period under review, the average export prices attained the peak figure at $4,416 per ton in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Japan ($10,389 per ton), while the average price for exports to India ($2,007 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 Japan (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in Belgium
In 2022, purchases abroad of lauric acid and other acids, their salts and esters decreased by -6.3% to 128K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.
In value terms, imports of lauric acid and other acids, their salts and esters soared to $461M in 2022. In general, imports, however, recorded a significant expansion. 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 Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.2 | 49.6 | 65.0 | 245 | 100.9% |
| Netherlands | 34.4 | 31.6 | 47.1 | 48.2 | 11.9% |
| United Kingdom | 47.3 | 38.7 | 35.2 | 36.3 | -8.4% |
| United States | 10.9 | 27.5 | 24.2 | 35.0 | 47.5% |
| Sweden | 3.2 | 17.5 | 20.4 | 23.6 | 94.6% |
| Malaysia | 5.8 | 6.7 | 8.9 | 21.5 | 54.8% |
| China | 4.9 | 3.3 | 6.1 | 10.1 | 27.3% |
| Others | 19.2 | 26.4 | 27.6 | 41.7 | 29.5% |
| Total | 156 | 201 | 234 | 461 | 43.5% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to Belgium in 2022:
- Germany (78.1K tons)
- Netherlands (38.4K tons)
- Sweden (27.3K tons)
- United States (16.5K tons)
- United Kingdom (10.9K tons)
- Malaysia (7.5K tons)
- China (3.0K tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in Belgium
In 2022, overseas shipments of lauric acid and other acids, their salts and esters decreased by -3.5% to 91K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 210% against the previous year.
In value terms, exports of lauric acid and other acids, their salts and esters skyrocketed to $356M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 133% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Lauric Acid and Other Acids, Their Salts and Esters in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.9 | 34.0 | 78.6 | 68.7 | 70.3% |
| United States | 1.6 | 25.1 | 33.8 | 56.0 | 227.1% |
| Germany | 18.3 | 35.6 | 43.6 | 55.4 | 44.7% |
| France | 5.8 | 12.3 | 20.4 | 31.2 | 75.2% |
| Spain | 4.0 | 15.9 | 20.7 | 25.6 | 85.7% |
| China | 4.2 | 14.8 | 13.7 | 20.8 | 70.5% |
| Italy | 3.3 | 4.4 | 7.2 | 13.6 | 60.3% |
| United Kingdom | 3.4 | 13.5 | 6.5 | 9.2 | 39.3% |
| Switzerland | 4.6 | 5.6 | 3.7 | 8.2 | 21.3% |
| Others | 32.3 | 51.7 | 68.3 | 67.0 | 27.5% |
| Total | 91.3 | 213 | 297 | 356 | 57.4% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from Belgium in 2022:
- Netherlands (18.5K tons)
- United States (17.6K tons)
- Germany (13.9K tons)
- France (7.4K tons)
- China (6.5K tons)
- Spain (4.9K tons)
- United Kingdom (3.3K tons)
- Italy (3.1K tons)
- Switzerland (1.7K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Belgium. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
305
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Belgium.
392
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Belgium.
49
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Belgium.
93
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Belgium.
436
This report provides an in-depth analysis of the market for salts of acetic acid in Belgium.
348
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Belgium.
324
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Belgium.
374
This report provides an in-depth analysis of the ethyl acetate market in Belgium.
361
This report provides an in-depth analysis of the acetic anhydride market in Belgium.
732
This report provides an in-depth analysis of the acetic acid market in Belgium.
242
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
905
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1382
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
956
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
843
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
935
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
966
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
89
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
974
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
1064
In value terms, acetals and hemiacetals exports totaled $X in 2016. In general, acetals and hemiacetals exports continue to indicate a relatively flat trend pattern. In that year, global acetals and...
