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United Kingdom - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in the UK - 2023
Contents:
- Toluene Price in the UK (FOB) - 2023
- Toluene Price in the UK (CIF) - 2022
- Toluene Exports in the UK
- Toluene Imports in the UK
Toluene Price in the UK (FOB) - 2023
In June 2023, the average toluene export price amounted to $1,673 per ton, increasing by 7.5% against the previous month. In general, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 31% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,150 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($3,333 per ton), while the average price for exports to Ireland ($1,484 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 the Netherlands (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Toluene Price in the UK (CIF) - 2022
The average toluene import price stood at $1,474 per ton in 2022, surging by 85% against the previous year. In general, the import price showed a pronounced expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,306 per ton), while the price for Belgium ($755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Toluene Exports in the UK
In 2022, shipments abroad of toluene increased by 7.6% to 3.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous contraction.
In value terms, toluene exports declined modestly to $5.6M in 2022. Over the period under review, exports, however, saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year.
Export of Toluene in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 3.2 | 2.2 | 2.3 | 3.7 | 5.0% |
Netherlands | 11.2 | 0.3 | 0.6 | 0.9 | -56.8% |
Angola | 0.1 | N/A | 0.3 | 0.4 | 58.7% |
Germany | 0.2 | 0.4 | 0.5 | 0.3 | 14.5% |
France | 2.2 | N/A | N/A | N/A | 0% |
Others | 0.5 | 1.0 | 2.0 | 0.4 | -7.2% |
Total | 17.4 | 3.9 | 5.7 | 5.6 | -31.5% |
Top Export Markets for Toluene from the UK in 2022:
- Ireland (2297.4 tons)
- Netherlands (570.4 tons)
- Germany (226.1 tons)
- Angola (51.5 tons)
- France (1.8 tons)
Toluene Imports in the UK
In 2022, after two years of decline, there was significant growth in overseas purchases of toluene, when their volume increased by 42% to 8.3K tons. Overall, imports, however, recorded a abrupt decline.
In value terms, toluene imports surged to $12M in 2022. Over the period under review, imports recorded perceptible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Toluene in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 8.5 | 2.4 | 3.6 | 8.1 | -1.6% |
Germany | 0.1 | 0.1 | 0.2 | 3.6 | 230.2% |
Netherlands | N/A | N/A | 0.1 | 0.3 | 200.0% |
Belgium | 1.4 | 1.4 | 0.7 | N/A | -29.3% |
Ireland | 0.3 | 0.2 | N/A | N/A | -33.3% |
Others | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
Total | 10.8 | 4.2 | 4.7 | 12.2 | 4.1% |
Top Suppliers of Toluene to the UK in 2022:
- Belgium (undefinedK tons)
- Spain (6.4K tons)
- Germany (1.6K tons)
- Netherlands (0.2K tons)
This report provides an in-depth analysis of the toluene 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 20141225 - Toluene
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.
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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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