France - Glutamic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlutamic Acid Price in France - 2023
Contents:
- Glutamic Acid Price in France (FOB) - 2023
- Glutamic Acid Price in France (CIF) - 2022
- Glutamic Acid Exports in France
- Glutamic Acid Imports in France
Glutamic Acid Price in France (FOB) - 2023
The average glutamic acid export price stood at $2,364 per ton in July 2023, stabilizing at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 4.2% against the previous month. As a result, the export price attained the peak level of $2,581 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($4,400 per ton), while the average price for exports to Spain ($1,983 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glutamic Acid Price in France (CIF) - 2022
In 2022, the average glutamic acid import price amounted to $2,262 per ton, growing by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2016 an increase of 27% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,195 per ton), while the price for Brazil ($1,598 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glutamic Acid Exports in France
In 2022, approx. 65K tons of glutamic acid and its salts were exported from France; waning by -22.2% against 2021 figures. Over the period under review, exports saw a sharp downturn.
In value terms, glutamic acid exports reached $138M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2021 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glutamic Acid in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | 19.7 | 28.0 | 42.1% | ||
| Spain | 21.1 | 20.9 | -0.9% | ||
| United Kingdom | 14.9 | 13.9 | -6.7% | ||
| Netherlands | 13.7 | 11.1 | -19.0% | ||
| Croatia | N/A | 8.5 | 0% | ||
| Poland | 6.3 | 8.4 | 33.3% | ||
| Italy | 5.9 | 6.9 | 16.9% | ||
| Austria | 3.9 | 5.8 | 48.7% | ||
| Hungary | 4.9 | 4.6 | -6.1% | ||
| Slovakia | 0.1 | 4.1 | 4000.0% | ||
| Romania | 1.9 | 3.5 | 84.2% | ||
| Portugal | 4.3 | 3.5 | -18.6% | ||
| Nigeria | 6.8 | 0.9 | -86.8% | ||
| Others | 25.0 | 17.9 | -28.4% | ||
| Total | 129 | 138 | 7.0% | ||
Top Export Markets for Glutamic Acid from France in 2022:
- Germany (12.7K tons)
- Spain (9.9K tons)
- United Kingdom (7.0K tons)
- Netherlands (5.1K tons)
- Croatia (4.4K tons)
- Poland (4.1K tons)
- Italy (3.2K tons)
- Austria (2.7K tons)
- Hungary (2.3K tons)
- Slovakia (2.0K tons)
- Portugal (1.7K tons)
- Romania (1.6K tons)
- Nigeria (0.5K tons)
Glutamic Acid Imports in France
In 2022, supplies from abroad of glutamic acid and its salts increased by 13% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep reduction.
In value terms, glutamic acid imports soared to $3.4M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glutamic Acid in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,828 | 1,239 | 681 | 706 | -27.2% |
| Germany | 74.0 | 121 | 275 | 646 | 105.9% |
| Netherlands | 147 | 321 | 302 | 632 | 62.6% |
| China | 396 | 203 | 270 | 359 | -3.2% |
| Belgium | 254 | 379 | 504 | 246 | -1.1% |
| Hong Kong SAR | 99.3 | 101 | 146 | 241 | 34.4% |
| Taiwan (Chinese) | 65.5 | N/A | 68.8 | 79.1 | 6.5% |
| Others | 301 | 518 | 596 | 532 | 20.9% |
| Total | 3,164 | 2,884 | 2,842 | 3,441 | 2.8% |
Top Suppliers of Glutamic Acid to France in 2022:
- Brazil (441.8 tons)
- Germany (368.6 tons)
- Netherlands (272.4 tons)
- China (116.8 tons)
- Hong Kong SAR (88.6 tons)
- Belgium (77.0 tons)
- Taiwan (Chinese) (34.9 tons)
This report provides an in-depth analysis of the glutamic acid market in France. 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:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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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The growth rate for Glutamic Acid was especially high in September 2023, increasing by 30% month-to-month. The value of glutamic acid exports surged to $10M in November 2023.
248
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The growth rate for Glutamic Acid was especially high in September 2023, increasing by 30% month-to-month. The value of glutamic acid exports surged to $10M in November 2023.
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