Jul 12, 2019

EU - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Salicylic Acid Market in the EU - Key Insights

IndexBox has just published a new report, the EU - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.

The revenue of the salicylic acid market in the European Union amounted to $35M in 2018, jumping by 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, salicylic acid consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of 22% y-o-y. The level of salicylic acid consumption peaked at $43M in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Production in the EU


In 2018, the amount of salicylic acid and its salts produced in the European Union amounted to 12K tonnes, remaining constant against the previous year. The total output indicated a perceptible growth from 2008 to 2018: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the salicylic acid production decreased by -7.4% against 2013 indices. The growth pace was the most rapid in 2013, when the the output figure increased by 51% y-o-y. In that year, salicylic acid production reached its peak volume of 12K tonnes. From 2014 to 2018, salicylic acid production growth remained at a somewhat lower figure.

Exports in the EU


In 2018, approx. 10K tonnes of salicylic acid and its salts were exported in the European Union; increasing by 12% against the previous year. Overall, salicylic acid exports continue to indicate a relatively flat trend pattern.

In value terms, salicylic acid exports stood at $47M (IndexBox estimates) in 2018.

Exports by Country


France dominates salicylic acid exports structure, recording 8.1K tonnes, which was near 78% of total exports in 2018. Germany (1,000 tonnes) took a 9.6% share (based on tonnes) of total exports, which put it in second place, followed by the UK (4.7%). Spain (350 tonnes) followed a long way behind the leaders.

France experienced a relatively flat trend pattern of salicylic acid and its salts exports. At the same time, the UK (+12.5%), Spain (+10.5%) and Germany (+2.1%) displayed positive paces of growth. Moreover, the UK emerged as the fastest growing exporter in the European Union, with a CAGR of +12.5% from 2008-2018. Germany (-1.8%), Spain (-2.1%) and the UK (-3.2%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($27M), Germany ($15M) and Spain ($1.5M) appeared to be the countries with the highest levels of exports in 2018, together accounting for 92% of total exports.

Export Prices by Country


The salicylic acid export price in the European Union stood at $4.5 per kg in 2018, picking up by 5.5% against the previous year. Over the last decade, the salicylic acid export price continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of origin; the country with the highest export price was Germany ($14,772 per tonne), while the UK ($2,416 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by France, while the other leaders experienced mixed trends in the export price figures.

Imports in the EU


In 2018, the amount of salicylic acid and its salts imported in the European Union stood at 9K tonnes, increasing by 3.7% against the previous year. Over the period under review, salicylic acid imports, however, continue to indicate a mild descent.

In value terms, salicylic acid imports stood at $34M (IndexBox estimates) in 2018. Over the last decade, salicylic acid imports, however, continue to indicate a slight reduction. The level of imports peaked at $40M in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country


In 2018, Germany (2.9K tonnes) represented the major importer for salicylic acid and its salts, constituting 32% of total imports. Poland (1.2K tonnes) held the second position in the ranking, followed by Italy (1.1K tonnes), Sweden (830 tonnes), Denmark (784 tonnes), France (779 tonnes), the UK (417 tonnes) and Spain (409 tonnes). All these countries together occupied approx. 61% share of total imports.

Imports into Germany decreased at an average annual rate of -2.6% from 2008 to 2018. At the same time, Poland (+11.1%), France (+4.9%), Denmark (+4.8%) and Italy (+4.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing importer in the European Union, with a CAGR of +11.1% from 2008-2018. Sweden experienced a relatively flat trend pattern. By contrast, the UK (-9.5%) and Spain (-10.2%) illustrated a downward trend over the same period. While the share of Germany (9.5%), Spain (8.7%) and the UK (8%) increased significantly in terms of the global imports from 2008-2018, the share of Denmark (-3.2%), France (-3.3%), Italy (-4.1%) and Poland (-9%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($11M) constitutes the largest market for imported salicylic acid and its salts in the European Union, comprising 31% of total salicylic acid imports. The second position in the ranking was occupied by Italy ($4.4M), with a 13% share of total imports. It was followed by Poland, with a 12% share.

Import Prices by Country


The salicylic acid import price in the European Union stood at $3.8 per kg in 2018, increasing by 15% against the previous year. In general, the salicylic acid import price continues to indicate a relatively flat trend pattern.

Average import prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following import prices: in Italy ($4,119 per tonne) and France ($3,934 per tonne), while Denmark ($3,232 per tonne) and Poland ($3,267 per tonne) were amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of import prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

Prodcom 21101030 - Salicylic acid and its salts .


This report provides an in-depth analysis of the salicylic acid market in the EU. 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 2025.


Country coverage:
• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• United Kingdom.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Production in the EU, split by region and country;

• Trade (exports and imports) in the EU;

• 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


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• United Kingdom
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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