![United Kingdom - Citric Acid And Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/united-kingdom-citric-acid-and-its-salts-and-esters-market-analysis-forecast-size-trends-and-insights.webp)
United Kingdom - 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 the UK - 2023
Contents:
- Citric Acid Price in the UK (CIF) - 2023
- Citric Acid Price in the UK (FOB) - 2023
- Citric Acid Imports in the UK
- Citric Acid Exports in the UK
Citric Acid Price in the UK (CIF) - 2023
The average citric acid import price stood at $2,100 per ton in June 2023, falling by -20.4% against the previous month. In general, the import price recorded a slight descent. The growth pace was the most rapid in September 2022 when the average import price increased by 132% against the previous month. As a result, import price reached the peak level of $5,578 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,222 per ton), while the price for China ($1,084 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ireland (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Citric Acid Price in the UK (FOB) - 2023
In June 2023, the average citric acid export price amounted to $3,828 per ton, falling by -22.7% against the previous month. In general, the export price showed a perceptible decline. The growth pace was the most rapid in December 2022 an increase of 166% m-o-m. As a result, the export price attained the peak level of $8,211 per ton. From January 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($6,948 per ton), while the average price for exports to the United Arab Emirates ($1,967 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+156.6%), while the prices for the other major destinations experienced more modest paces of growth.
Citric Acid Imports in the UK
In 2022, the amount of citric acid and its salts and esters imported into the UK skyrocketed to 66K tons, increasing by 25% against the year before. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, citric acid imports skyrocketed to $139M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Citric Acid in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.8 | 14.0 | 23.4 | 72.8 | 66.4% |
Austria | 19.5 | 21.7 | 19.6 | 27.5 | 12.1% |
Belgium | 12.1 | 12.7 | 13.9 | 11.0 | -3.1% |
Germany | 4.7 | 4.3 | 4.1 | 7.0 | 14.2% |
Ireland | 3.9 | 5.1 | 3.2 | 4.9 | 7.9% |
Netherlands | 3.2 | 2.3 | 2.5 | 1.3 | -25.9% |
Others | 8.2 | 10.9 | 9.5 | 14.5 | 20.9% |
Total | 67.5 | 71.1 | 76.1 | 139 | 27.2% |
Top Suppliers of Citric Acid to the UK in 2022:
- China (34.8K tons)
- Austria (14.0K tons)
- Belgium (7.2K tons)
- Ireland (4.2K tons)
- Germany (1.5K tons)
- Netherlands (0.4K tons)
Citric Acid Exports in the UK
In 2022, approx. 2K tons of citric acid and its salts and esters were exported from the UK; growing by 4.6% compared with 2021. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, citric acid exports soared to $8M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Citric Acid in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 1,248 | 1,037 | 959 | 1,231 | -0.5% |
Netherlands | 758 | 803 | 1,045 | 1,210 | 16.9% |
France | 622 | 336 | 362 | 698 | 3.9% |
Argentina | N/A | 121 | 165 | 435 | 89.6% |
Germany | 458 | 396 | 440 | 424 | -2.5% |
Belgium | 626 | 423 | 529 | 388 | -14.7% |
Poland | 386 | 389 | 235 | 268 | -11.5% |
United States | 59.2 | 99.2 | 324 | 265 | 64.8% |
Spain | 140 | 116 | 210 | 264 | 23.5% |
Angola | N/A | 164 | 285 | 169 | 1.5% |
Djibouti | N/A | N/A | 2.7 | 127 | 4603.7% |
Italy | 411 | 132 | 132 | 104 | -36.7% |
Oman | 0.2 | 0.2 | 0.3 | 86.7 | 656.8% |
Others | 1,911 | 2,342 | 1,814 | 2,295 | 6.3% |
Total | 6,620 | 6,359 | 6,502 | 7,964 | 6.4% |
Top Export Markets for Citric Acid from the UK in 2022:
- Ireland (442.5 tons)
- Netherlands (191.6 tons)
- Germany (169.3 tons)
- Argentina (166.0 tons)
- France (162.5 tons)
- Angola (78.3 tons)
- Belgium (62.8 tons)
- Poland (51.8 tons)
- United States (48.2 tons)
- Spain (47.4 tons)
- Djibouti (42.5 tons)
- Oman (33.1 tons)
- Italy (31.7 tons)
This report provides an in-depth analysis of the citric acid market 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 20143473 - Citric acid and its 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.
-
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 the UK.
This report provides an in-depth analysis of the carboxylic acid market in the UK.
This report provides an in-depth analysis of the salicylic acid market in the UK.
This report provides an in-depth analysis of the o-acetylsalicylic acid market in the UK.
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 the UK.
This report provides an in-depth analysis of the carboxylic acid market in the UK.
The rate of growth for Citric Acid reached its highest level in April 2023, with a significant month-to-month increase of 38%. In terms of value, imports of Citric Acid amounted to $7.8M in November 2023.
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...
The rate of growth for Citric Acid reached its highest level in April 2023, with a significant month-to-month increase of 38%. In terms of value, imports of Citric Acid amounted to $7.8M in November 2023.