Report Update: Apr 1, 2024

World - Glutamic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Glutamic Acid Market

Glutamic acid market: download newly released datasets featured by an Ai-driven market intelligence platform. Information provide consumption, exports, market prices, production, market size, imports, trade, and companies. There is a breakdown by country, including Russia, Africa, China, Latin America, the Middle East, EU, the U.S., and the U.K. Market dynamics and outlook to 2030 are also featured in the snapshots.

Get FREE access to the latest data and statistics on the Glutamic Acid Market.

Glutamic Acid - World's Largest Markets

Rating	Country
1	Pakistan
2	Nigeria
3	Japan
4	Myanmar
5	Indonesia

In value terms, Pakistan, Nigeria and Japan appeared to be the countries with the highest levels of market value in 2021, with a combined 28% share of the global market.

Among the main consuming countries, Pakistan (+90.2% per year) recorded the highest growth rate of market size, over the period under review, while glutamic acid market for the other global leaders experienced more modest paces of growth.

Glutamic Acid Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
China	1018	908	1114	4.6%
Brazil	1234	1273	1173	-2.5%
Indonesia	1351	1312	1332	-0.7%
Thailand	1291	1567	1424	5.0%
France	1547	n/a	1551	0.1%
Vietnam	1502	1644	1577	2.5%
Taiwan (Chinese)	1708	1724	1716	0.2%
Average	1183	1098	1238	2.3%

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($1,716 per ton), while China ($1,114 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
India	1353	1350	1597	8.6%
Vietnam	1413	1425	1419	0.2%
Japan	1393	1326	1333	-2.2%
Malaysia	1296	1206	1248	-1.9%
Philippines	1331	1226	1241	-3.4%
South Korea	1262	1221	1241	-0.8%
Myanmar	1151	1074	1114	-1.6%
Taiwan (Chinese)	1183	1071	1110	-3.1%
Nigeria	1032	1142	1104	3.4%
Pakistan	1056	1061	999	-2.7%
Indonesia	1063	930	978	-4.1%
Thailand	1021	933	977	-2.2%
South Africa	1074	992	966	-5.2%
Average	1259	1211	1239	-0.8%

Prices varied noticeably by the country of destination; the country with the highest price was India ($1,597 per ton), while South Africa ($966 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

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Glutamic Acid - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Pakistan	0.04	0.05	0.2	89.8%
Nigeria	0.1	0.2	0.2	24.5%
Japan	0.2	0.2	0.2	-4.3%
Myanmar	0.1	0.1	0.1	-3.4%
Vietnam	0.1	0.1	0.1	-0.6%

In value terms, Pakistan ($158M), Nigeria ($152M) and Japan ($150M) were the countries with the highest levels of imports in 2021, with a combined 28% share of global imports.

In terms of the main importing countries, Pakistan (+89.8% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Glutamic Acid - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
China	0.7	0.7	1	19.2%
Indonesia	0.2	0.2	0.2	-2.0%
France	0.09	n/a	0.1	19.2%
Brazil	0.1	0.1	0.1	-7.5%
Vietnam	0.08	0.09	0.08	5.2%

In value terms, China ($984M) remains the largest glutamic acid supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by Indonesia ($159M), with a 9.6% share of global exports. It was followed by France, with a 7.7% share.

In China, glutamic acid exports expanded at an average annual rate of +19.2% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-2.0% per year) and France (+19.2% per year).

Glutamic Acid - Market Forecast

Driven by increasing demand for glutamic acid worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Glutamic Acid - Product Coverage

HS 292242 - Amino-acids; their esters, (other than those containing more than one kind of oxygen function), glutamic acid and its salts

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global glutamic acid market. 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 21102020 - Glutamic acid and its salts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023