![Luxembourg - Citric Acid And Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/luxembourg-citric-acid-and-its-salts-and-esters-market-analysis-forecast-size-trends-and-insights.webp)
Luxembourg - Citric Acid And Its 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 PricingCitric Acid Price in Luxembourg - 2023
Contents:
- Citric Acid Price in Luxembourg (CIF) - 2023
- Citric Acid Price in Luxembourg (FOB) - 2022
- Citric Acid Imports in Luxembourg
- Citric Acid Exports in Luxembourg
Citric Acid Price in Luxembourg (CIF) - 2023
In May 2023, the average citric acid import price amounted to $1,677 per ton, surging by 2.1% against the previous month. In general, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in April 2023 an increase of 7.9% month-to-month. The import price peaked at $2,842 per ton in December 2022; however, from January 2023 to May 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($1,859 per ton), while the price for Belgium amounted to $1,599 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.6%), while the prices for the other major suppliers experienced a decline.
Citric Acid Price in Luxembourg (FOB) - 2022
In 2022, the average citric acid export price amounted to $4,478 per ton, growing by 33% against the previous year. Overall, the export price posted buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 88%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($13,342 per ton), while the average price for exports to Germany ($2,879 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 Hungary (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Citric Acid Imports in Luxembourg
In 2022, imports of citric acid and its salts and esters into Luxembourg surged to 18K tons, increasing by 57% against 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, citric acid imports soared to $33M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Citric Acid in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.6 | 0.6 | 3.4 | 19.4 | 218.6% |
Belgium | 11.0 | 10.0 | 9.0 | 10.1 | -2.8% |
Austria | 2.0 | N/A | 1.2 | 2.3 | 4.8% |
Netherlands | N/A | N/A | 0.7 | 0.5 | -28.6% |
Others | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Total | 13.7 | 10.8 | 14.6 | 32.7 | 33.6% |
Top Suppliers of Citric Acid to Luxembourg in 2022:
- Belgium (9.5K tons)
- Germany (6.5K tons)
- Austria (1.6K tons)
- Netherlands (0.4K tons)
Citric Acid Exports in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in shipments abroad of citric acid and its salts and esters, which increased by 7.1% to 3.2 tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, citric acid exports soared to $14K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Citric Acid in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.4 | 4.0 | 9.5 | 6.6 | 24.7% |
Belgium | 0.4 | 0.1 | 0.3 | 5.6 | 141.0% |
France | 0.5 | 0.2 | 0.1 | 2.2 | 63.9% |
Hungary | 0.6 | 0.9 | N/A | N/A | 50.0% |
Others | 0.2 | 0.4 | 0.2 | N/A | 0.0% |
Total | 5.1 | 5.7 | 10.0 | 14.3 | 41.0% |
Top Export Markets for Citric Acid from Luxembourg in 2022:
- Germany (2.3 tons)
- France (0.5 tons)
- Belgium (0.4 tons)
This report provides an in-depth analysis of the citric acid market in Luxembourg. 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 20143473 - Citric acid and its salts and esters
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
This report provides an in-depth analysis of the citric acid market in Luxembourg.
This report provides an in-depth analysis of the carboxylic acid market in Luxembourg.
This report provides an in-depth analysis of the salicylic acid market in Luxembourg.
This report provides an in-depth analysis of the o-acetylsalicylic acid market in Luxembourg.
This report provides an in-depth analysis of the global citric acid market.
This report provides an in-depth analysis of the global carboxylic acid market.
This report provides an in-depth analysis of the global salicylic acid market.
This report provides an in-depth analysis of the global o-acetylsalicylic acid market.
This report provides an in-depth analysis of the citric acid market in Luxembourg.
This report provides an in-depth analysis of the carboxylic acid market in Luxembourg.
Explore the top import markets for citric acid in 2023, including the United States, Germany, and more. Discover key statistics and insights on the global citric acid market.
Explore the top import markets for carboxylic acid in 2023 and understand the key statistics and trends in the global trade of this vital chemical compound.
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
In value terms, carboxyimide-function compounds 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...
Explore the top import markets for citric acid in 2023, including the United States, Germany, and more. Discover key statistics and insights on the global citric acid market.
Explore the top import markets for carboxylic acid in 2023 and understand the key statistics and trends in the global trade of this vital chemical compound.