United Kingdom - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlkyd Resins Price in the UK - 2023
Contents:
- Alkyd Resins Price in the UK (CIF) - 2022
- Alkyd Resins Price in the UK (FOB) - 2023
- Alkyd Resins Imports in the UK
- Alkyd Resins Exports in the UK
Alkyd Resins Price in the UK (CIF) - 2022
In 2022, the average alkyd resins import price amounted to $2,636 per ton, growing by 20% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 24%. The import price peaked at $2,769 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,302 per ton), while the price for Turkey ($1,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkyd Resins Price in the UK (FOB) - 2023
The average alkyd resins export price stood at $7,582 per ton in August 2023, increasing by 143% against the previous month. Overall, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Germany ($22,537 per ton), while the average price for exports to Finland ($2,138 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Alkyd Resins Imports in the UK
In 2022, supplies from abroad of alkyd resins in primary forms was finally on the rise to reach 13K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a drastic downturn.
In value terms, alkyd resins imports soared to $34M in 2022. Overall, imports, however, continue to indicate a perceptible contraction.
| Import of Alkyd Resins in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.1 | 3.0 | 4.1 | 12.4 | 7.1% |
| Germany | 9.3 | 10.0 | 5.3 | 8.5 | -3.0% |
| Poland | 0.9 | 6.2 | 3.6 | 4.5 | 71.0% |
| Italy | 2.0 | 1.7 | 2.2 | 2.1 | 1.6% |
| Spain | 4.1 | 3.1 | 2.9 | 2.0 | -21.3% |
| Austria | 1.6 | 2.0 | 2.4 | 1.1 | -11.7% |
| Turkey | 2.1 | 1.4 | 1.4 | 0.9 | -24.6% |
| Egypt | 0.5 | 0.7 | 0.9 | 0.9 | 21.6% |
| France | 2.0 | 0.9 | 0.6 | 0.4 | -41.5% |
| Belgium | 1.3 | 0.7 | 0.6 | 0.3 | -38.7% |
| Norway | 1.7 | 1.4 | 1.2 | 0.1 | -61.1% |
| Others | 1.5 | 1.2 | 1.0 | 1.0 | -12.6% |
| Total | 37.2 | 32.2 | 26.2 | 34.2 | -2.8% |
Top Suppliers of Alkyd Resins to the UK in 2022:
- Netherlands (4.7K tons)
- Germany (3.2K tons)
- Poland (1.7K tons)
- Turkey (0.7K tons)
- Spain (0.7K tons)
- Italy (0.6K tons)
- Egypt (0.4K tons)
- Austria (0.4K tons)
- France (0.2K tons)
- Belgium (0.1K tons)
- Norway (0.1K tons)
Alkyd Resins Exports in the UK
In 2022, after three years of growth, there was significant decline in shipments abroad of alkyd resins in primary forms, when their volume decreased by -16.9% to 5.7K tons. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 6.8K tons, and then contracted markedly in the following year.
In value terms, alkyd resins exports reduced rapidly to $16M in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of $20M, and then declined rapidly in the following year.
| Export of Alkyd Resins in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,301 | 1,494 | 2,509 | 3,041 | 32.7% |
| Belgium | 520 | 1,689 | 1,646 | 2,783 | 74.9% |
| Germany | 563 | 761 | 3,555 | 2,719 | 69.0% |
| Ireland | 1,010 | 993 | 1,296 | 1,179 | 5.3% |
| Sweden | 857 | 1,088 | 2,566 | 950 | 3.5% |
| Norway | 28.3 | 212 | 614 | 923 | 219.5% |
| Finland | 308 | 204 | 892 | 807 | 37.9% |
| France | 211 | 169 | 817 | 656 | 46.0% |
| Turkey | 334 | 389 | 628 | 560 | 18.8% |
| Denmark | 1,364 | 2,023 | 852 | 539 | -26.6% |
| Poland | 242 | 60.9 | 288 | 434 | 21.5% |
| Netherlands | 645 | 464 | 967 | 376 | -16.5% |
| Spain | 1,154 | 831 | 1,060 | 138 | -50.7% |
| Others | 1,646 | 1,011 | 1,888 | 1,271 | -8.3% |
| Total | 10,181 | 11,388 | 19,578 | 16,378 | 17.2% |
Top Export Markets for Alkyd Resins from the UK in 2022:
- Germany (1142.2 tons)
- Italy (958.2 tons)
- Belgium (904.7 tons)
- Ireland (538.8 tons)
- Norway (381.8 tons)
- Finland (363.6 tons)
- Sweden (332.6 tons)
- Denmark (174.3 tons)
- Poland (161.6 tons)
- Turkey (140.2 tons)
- France (137.5 tons)
- Netherlands (115.9 tons)
- Spain (51.1 tons)
This report provides an in-depth analysis of the alkyd resins 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 20164050 - Alkyd resins, in primary forms
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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