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United Kingdom - Aniline And Its Salts (Excluding Derivatives) - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Apr 3, 2023
UK Aniline Price Declines to $1,588 per Ton, Fluctuating Wildly over 2022
United Kingdom Aniline Export Price in December 2022
In December 2022, the aniline price stood at $1,588 per ton (FOB, United Kingdom), declining by -2.7% against the previous month. In general, export price indicated a notable expansion from December 2021 to December 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, aniline export price decreased by -9.2% against October 2022 indices. The pace of growth was the most pronounced in August 2022 an increase of 28% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,749 per ton in October 2022; however, from November 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From December 2021 to December 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.7% per month.
United Kingdom Aniline Exports
In December 2022, approximately 17K tons of aniline and its salts (excluding derivatives) were exported from the UK; picking up by 32% on the previous month's figure. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in October 2022 when exports increased by 53% against the previous month. The exports peaked at 33K tons in December 2021; however, from January 2022 to December 2022, the exports stood at a somewhat lower figure.
In value terms, aniline exports skyrocketed to $27M (IndexBox estimates) in December 2022. In general, exports, however, recorded a noticeable setback. The pace of growth was the most pronounced in October 2022 with an increase of 85% month-to-month. Over the period under review, the exports hit record highs at 35K tons in January 2022; however, from February 2022 to December 2022, the exports stood at a somewhat lower figure.
United Kingdom Aniline Exports by Country
the Netherlands (17K tons) was the main destination for aniline exports from the UK, accounting for a approximately 100% share of total exports.
From December 2021 to December 2022, the average monthly growth rate of volume to the Netherlands totaled -5.2%.
In value terms, the Netherlands ($27M) also remains the key foreign market for aniline exports from the UK.
From December 2021 to December 2022, the average monthly rate of growth in terms of value to the Netherlands amounted to -1.7%.
Aniline Market Faces Downturn Due to Oversupply and Weaker Demand
Many factors have contributed to the price decline, including oversupply, weaker demand, and the global economic slowdown, which reduced demand for many chemical products.
Despite the current downturn, the aniline market is expected to rebound in the coming months. Some analysts predict that reduced production due to the global supply chain disruption could lead to tighter supply and potentially push prices up once more. Furthermore, many industries - including the automotive and construction sectors - rely heavily on aniline, which is used to make polyurethane foam and other essential products. Thus, it is likely that demand will pick up again as these industries recover.
It is important for businesses to remain vigilant and flexible during this time of market volatility. As aniline prices continue to fluctuate, it is essential to watch trends and adjust strategies accordingly. This may include diversifying supply sources, increasing efficiency in the production process, or exploring new markets. With careful planning and strategic foresight, businesses can weather the current market conditions and thrive in the years to come.
This report provides an in-depth analysis of the aniline 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 20144151 - Aniline and its salts (excluding derivatives)
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:
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
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
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
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
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
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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