Estonia - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in Estonia - 2023
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in Estonia (CIF) - 2023
- Price for Industrial Monocarboxylic Fatty Acids in Estonia (FOB) - 2022
- Imports of Industrial Monocarboxylic Fatty Acids in Estonia
- Exports of Industrial Monocarboxylic Fatty Acids in Estonia
Price for Industrial Monocarboxylic Fatty Acids in Estonia (CIF) - 2023
The average industrial monocarboxylic fatty acids import price stood at $940 per ton in September 2023, picking up by 4.2% against the previous month. In general, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in October 2022 when the average import price increased by 17% against the previous month. The import price peaked at $1,733 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,193 per ton), while the price for Belarus ($740 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Industrial Monocarboxylic Fatty Acids in Estonia (FOB) - 2022
In 2022, the average industrial monocarboxylic fatty acids export price amounted to $6,091 per ton, growing by 1.8% against the previous year. Overall, the export price posted a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 858%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($22,419 per ton), while the average price for exports to Russia ($3,313 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 Finland (+78.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Industrial Monocarboxylic Fatty Acids in Estonia
After three years of growth, overseas purchases of industrial monocarboxylic fatty acids decreased by -45.7% to 2.4K tons in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year.
In value terms, industrial monocarboxylic fatty acids imports dropped remarkably to $3.7M in 2022. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $5.8M, and then dropped remarkably in the following year.
Import of Industrial Monocarboxylic Fatty Acids in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,105 | 751 | 1,061 | 1,371 | 7.5% |
Belarus | 216 | 663 | 872 | 830 | 56.6% |
Lithuania | N/A | 1,236 | 2,919 | 617 | -29.3% |
Malaysia | 377 | 546 | 340 | 382 | 0.4% |
Belgium | 13.5 | 123 | 239 | 336 | 192.0% |
India | N/A | N/A | 166 | 130 | -21.7% |
Indonesia | 355 | 275 | 204 | N/A | -24.2% |
Others | 259 | 12.1 | 11.5 | 15.5 | -60.9% |
Total | 2,325 | 3,606 | 5,813 | 3,683 | 16.6% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to Estonia in 2022:
- Belarus (856.9 tons)
- Germany (809.3 tons)
- Lithuania (357.9 tons)
- Malaysia (216.0 tons)
- Belgium (132.3 tons)
- India (73.5 tons)
Exports of Industrial Monocarboxylic Fatty Acids in Estonia
In 2022, exports of industrial monocarboxylic fatty acids from Estonia soared to 2.7 tons, with an increase of 45% compared with 2021 figures. Overall, exports, however, faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 1,420%. As a result, the exports attained the peak of 91 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, industrial monocarboxylic fatty acids exports soared to $17K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 543%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Industrial Monocarboxylic Fatty Acids in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 5.7 | 2.8 | 4.8 | 7.8 | 11.0% |
Finland | 0.4 | 1.1 | 5.7 | 6.4 | 152.0% |
Latvia | 0.7 | 0.3 | 0.4 | 0.6 | -5.0% |
Belarus | N/A | 14.6 | N/A | N/A | 0% |
China | N/A | 36.5 | N/A | N/A | 0% |
Georgia | 1.5 | N/A | N/A | N/A | 0% |
Others | 0.5 | 1.7 | 0.4 | 1.9 | 56.0% |
Total | 8.9 | 57.0 | 11.2 | 16.6 | 23.1% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from Estonia in 2022:
- Russia (2359.0 kg)
- Finland (284.0 kg)
- Latvia (50.0 kg)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Estonia. 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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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