Spain - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Spain - 2023
Contents:
- Industrial Oleic Acid Price in Spain (CIF) - 2022
- Industrial Oleic Acid Price in Spain (FOB) - 2023
- Industrial Oleic Acid Imports in Spain
- Industrial Oleic Acid Exports in Spain
Industrial Oleic Acid Price in Spain (CIF) - 2022
The average industrial oleic acid import price stood at $1,615 per ton in 2022, with a decrease of -6.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 44%. As a result, import price reached the peak level of $1,728 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,220 per ton), while the price for Malaysia ($1,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced a decline.
Industrial Oleic Acid Price in Spain (FOB) - 2023
In June 2023, the average industrial oleic acid export price amounted to $1,929 per ton, stabilizing at the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 19% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,230 per ton in October 2022; however, from November 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Mexico ($2,259 per ton) and Bulgaria ($2,081 per ton), while the average price for exports to Poland ($1,646 per ton) and Italy ($1,874 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Industrial Oleic Acid Imports in Spain
In 2022, approx. 12K tons of industrial oleic acid were imported into Spain; declining by -22.2% compared with the previous year's figure. Over the period under review, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 15K tons, and then plummeted in the following year.
In value terms, industrial oleic acid imports declined significantly to $19M in 2022. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of $26M, and then fell dramatically in the following year.
Import of Industrial Oleic Acid in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.6 | 1.0 | 9.5 | 10.7 | 60.3% |
Italy | 0.1 | 0.4 | 3.2 | 2.9 | 207.2% |
Indonesia | 2.4 | 3.1 | 5.2 | 1.6 | -12.6% |
Malaysia | 2.5 | 3.2 | 3.5 | 1.6 | -13.8% |
Germany | 3.7 | 3.2 | 3.4 | 1.5 | -26.0% |
Belgium | 0.6 | 0.6 | 0.6 | 0.2 | -30.7% |
Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 12.0 | 11.6 | 25.6 | 18.6 | 15.7% |
Top Suppliers of Industrial Oleic Acid to Spain in 2022:
- Netherlands (6.9K tons)
- Italy (1.3K tons)
- Malaysia (1.3K tons)
- Indonesia (1.1K tons)
- Germany (0.7K tons)
- Belgium (0.1K tons)
Industrial Oleic Acid Exports in Spain
After three years of growth, overseas shipments of industrial oleic acid decreased by -18.7% to 3.8K tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 12% against the previous year.
In value terms, industrial oleic acid exports declined significantly to $6M in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 74%. As a result, the exports attained the peak of $7.7M, and then contracted significantly in the following year.
Export of Industrial Oleic Acid in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1.9 | 1.4 | 4.0 | 3.1 | 17.7% |
France | 0.9 | 1.7 | 1.4 | 1.9 | 28.3% |
Netherlands | N/A | N/A | 0.9 | 0.6 | -33.3% |
Portugal | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
South Africa | 0.7 | 0.7 | 0.4 | N/A | -24.4% |
Others | 0.2 | 0.3 | 0.8 | 0.2 | 0.0% |
Total | 3.9 | 4.4 | 7.7 | 6.0 | 15.4% |
Top Export Markets for Industrial Oleic Acid from Spain in 2022:
- Italy (2112.8 tons)
- France (1155.1 tons)
- Netherlands (284.5 tons)
- Portugal (115.5 tons)
This report provides an in-depth analysis of the industrial oleic acid market in Spain. 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 20143130 - Industrial oleic acid
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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