Italy - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tall Oil Fatty Acids in Italy - 2023
Contents:
- Price for Tall Oil Fatty Acids in Italy (CIF) - 2023
- Price for Tall Oil Fatty Acids in Italy (FOB) - 2022
- Imports of Tall Oil Fatty Acids in Italy
- Exports of Tall Oil Fatty Acids in Italy
Price for Tall Oil Fatty Acids in Italy (CIF) - 2023
In June 2023, the average tall oil fatty acids import price amounted to $2,771 per ton, declining by -2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in April 2023 an increase of 11% m-o-m. Over the period under review, average import prices hit record highs at $2,827 per ton in May 2023, and then shrank modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,051 per ton), while the price for the United States ($1,342 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 Sweden (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tall Oil Fatty Acids in Italy (FOB) - 2022
In 2022, the average tall oil fatty acids export price amounted to $1,820 per ton, with a decrease of -5.2% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. The export price peaked at $3,693 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 Hungary ($4,269 per ton), while the average price for exports to Germany ($1,722 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 (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tall Oil Fatty Acids in Italy
In 2022, approx. 9.1K tons of industrial tall oil fatty acids were imported into Italy; declining by -2.2% compared with the previous year's figure. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year.
In value terms, tall oil fatty acids imports shrank to $12M in 2022. Over the period under review, imports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, imports reached the peak of $13M, and then dropped in the following year.
Import of Tall Oil Fatty Acids in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 1.9 | 2.4 | 3.1 | 2.7 | 12.4% |
France | 1.0 | 2.9 | 2.9 | 2.6 | 37.5% |
Netherlands | 2.3 | 1.6 | 1.7 | 1.5 | -13.3% |
Belgium | 2.6 | N/A | 1.7 | 1.5 | -16.8% |
Austria | 2.0 | 1.4 | 1.3 | 1.2 | -15.7% |
United States | 1.5 | 0.9 | 1.3 | 1.1 | -9.8% |
United Kingdom | 1.6 | 0.7 | 0.9 | 0.8 | -20.6% |
Others | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
Total | 12.8 | 10.0 | 13.5 | 11.8 | -2.7% |
Top Suppliers of Tall Oil Fatty Acids to Italy in 2022:
- France (2.0K tons)
- Finland (1.9K tons)
- Belgium (1.5K tons)
- Netherlands (1.1K tons)
- United States (1.0K tons)
- Austria (0.9K tons)
- United Kingdom (0.5K tons)
Exports of Tall Oil Fatty Acids in Italy
In 2022, the amount of industrial tall oil fatty acids exported from Italy skyrocketed to 307 tons, with an increase of 25% against 2021. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 29%. As a result, the exports attained the peak of 368 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tall oil fatty acids exports skyrocketed to $560K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 decreased by -13.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports reached the peak of $645K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Tall Oil Fatty Acids in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 260 | 347 | 148 | 506 | 24.9% |
Hungary | 7.7 | 14.3 | 16.9 | 34.2 | 64.4% |
Slovenia | 7.9 | 8.0 | 8.3 | 16.6 | 28.1% |
United States | N/A | 265 | N/A | N/A | 0% |
United Arab Emirates | N/A | N/A | 59.2 | N/A | 0% |
Egypt | 27.2 | N/A | 135 | N/A | 122.8% |
Netherlands | N/A | N/A | 55.8 | N/A | 0% |
Others | 19.6 | 10.9 | 50.9 | 3.2 | -45.3% |
Total | 322 | 645 | 474 | 560 | 20.3% |
Top Export Markets for Tall Oil Fatty Acids from Italy in 2022:
- Germany (293.7 tons)
- Hungary (8.0 tons)
- Slovenia (4.6 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids in Italy. 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 20143150 - Industrial tall oil fatty acids
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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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In January 2023, the tall oil fatty acids price amounted to $2,579 per ton (CIF, Italy), with an increase of 4.9% against the previous month.
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In February 2023, the industrial monocarboxylic fatty acids price stood at $1,048 per ton (CIF, Italy), falling by -12.7% against the previous month.
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In January 2023, the tall oil fatty acids price amounted to $2,579 per ton (CIF, Italy), with an increase of 4.9% against the previous month.
In September 2023, imports of Industrial Fatty Alcohols remained relatively flat with a recorded value of $12M.
In February 2023, the industrial monocarboxylic fatty acids price stood at $1,048 per ton (CIF, Italy), falling by -12.7% against the previous month.
Explore the top import markets for industrial fatty alcohols, including China, Netherlands, and United States. Learn about the growing demand and key statistics in this lucrative market.
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.