Luxembourg - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Luxembourg - 2023
Contents:
- Carboxylic Acid Price in Luxembourg (CIF) - 2022
- Carboxylic Acid Price in Luxembourg (FOB) - 2022
- Carboxylic Acid Imports in Luxembourg
- Carboxylic Acid Exports in Luxembourg
Carboxylic Acid Price in Luxembourg (CIF) - 2022
In 2022, the average carboxylic acid import price amounted to $9,002 per ton, picking up by 99% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,769 per ton), while the price for Belgium ($2,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced a decline.
Carboxylic Acid Price in Luxembourg (FOB) - 2022
In 2022, the average carboxylic acid export price amounted to $4,945 per ton, increasing by 3.6% against the previous year. In general, the export price saw a measured expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 69%. As a result, the export price attained the peak level of $5,266 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($4,951 per ton), while the average price for exports to Switzerland ($2,497 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 Belgium (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Carboxylic Acid Imports in Luxembourg
Carboxylic acid imports into Luxembourg dropped sharply to 50 tons in 2022, with a decrease of -57.4% against the year before. In general, imports showed a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 118 tons, and then contracted significantly in the following year.
In value terms, carboxylic acid imports reduced markedly to $453K in 2022. Overall, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $534K, and then dropped dramatically in the following year.
Import of Carboxylic Acid in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 64.6 | 47.6 | 65.2 | 401 | 83.8% |
Germany | 319 | 206 | 338 | 36.3 | -51.5% |
Belgium | 68.7 | 97.3 | 91.3 | 6.6 | -54.2% |
France | 14.7 | 10.4 | 28.9 | 6.1 | -25.4% |
Others | 19.4 | 10.8 | 10.3 | 3.1 | -45.7% |
Total | 486 | 372 | 534 | 453 | -2.3% |
Top Suppliers of Carboxylic Acid to Luxembourg in 2022:
- Italy (37.2 tons)
- Germany (9.1 tons)
- Belgium (3.2 tons)
- France (0.6 tons)
Carboxylic Acid Exports in Luxembourg
In 2022, after two years of decline, there was significant growth in shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, when their volume increased by 51% to 11 tons. In general, exports, however, showed a dramatic slump.
In value terms, carboxylic acid exports skyrocketed to $54K in 2022. Over the period under review, exports, however, recorded a precipitous setback.
Export of Carboxylic Acid in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.9 | N/A | N/A | 53.8 | 89.5% |
Belgium | 32.7 | 46.6 | 28.1 | 0.2 | -81.7% |
Germany | 120 | 9.9 | 2.4 | N/A | -85.9% |
Italy | 17.6 | 7.5 | 3.3 | N/A | -56.7% |
Others | 3.0 | 9.7 | 0.7 | 0.1 | -67.8% |
Total | 182 | 73.7 | 34.6 | 54.1 | -33.3% |
Top Export Markets for Carboxylic Acid from Luxembourg in 2022:
- Germany (undefined tons)
- Italy (undefined tons)
- Turkey (10.9 tons)
- Belgium (0.1 tons)
This report provides an in-depth analysis of the carboxylic acid market in Luxembourg. 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
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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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