Italy - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Italy - 2023
Contents:
- Industrial Oleic Acid Price in Italy (CIF) - 2023
- Industrial Oleic Acid Price in Italy (FOB) - 2023
- Industrial Oleic Acid Imports in Italy
- Industrial Oleic Acid Exports in Italy
Industrial Oleic Acid Price in Italy (CIF) - 2023
The average industrial oleic acid import price stood at $1,815 per ton in June 2023, rising by 10% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 an increase of 31% against the previous month. As a result, import price reached the peak level of $2,544 per ton. From August 2022 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Belgium ($2,087 per ton) and Germany ($1,987 per ton), while the price for Malaysia ($1,437 per ton) and the Netherlands ($1,722 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the prices for the other major suppliers experienced a decline.
Industrial Oleic Acid Price in Italy (FOB) - 2023
The average industrial oleic acid export price stood at $3,717 per ton in June 2023, surging by 4% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 29% m-o-m. The export price peaked at $4,070 per ton in November 2022; however, from December 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($5,171 per ton), while the average price for exports to the Czech Republic ($1,995 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Imports in Italy
In 2022, industrial oleic acid imports into Italy rose sharply to 18K tons, with an increase of 7.8% compared with the previous year. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, industrial oleic acid imports fell markedly to $23M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of $28M, and then dropped dramatically in the following year.
| Import of Industrial Oleic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.9 | 6.4 | 9.1 | 7.7 | 16.3% |
| Netherlands | 4.1 | 5.4 | 7.4 | 6.2 | 14.8% |
| Spain | 4.1 | 3.3 | 5.0 | 4.2 | 0.8% |
| Belgium | 2.2 | 1.7 | 3.2 | 2.7 | 7.1% |
| Indonesia | 1.2 | 1.8 | 1.8 | 1.6 | 10.1% |
| Malaysia | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Others | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| Total | 17.1 | 19.2 | 27.7 | 23.4 | 11.0% |
Top Suppliers of Industrial Oleic Acid to Italy in 2022:
- Germany (5.4K tons)
- Spain (4.4K tons)
- Netherlands (4.3K tons)
- Belgium (1.7K tons)
- Indonesia (1.4K tons)
- Malaysia (0.4K tons)
Industrial Oleic Acid Exports in Italy
In 2022, exports of industrial oleic acid from Italy contracted significantly to 3.5K tons, which is down by -25.9% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, the exports attained the peak of 4.8K tons, and then shrank rapidly in the following year.
In value terms, industrial oleic acid exports shrank notably to $7.2M in 2022. Overall, exports, however, showed a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 214%. As a result, the exports attained the peak of $11M, and then contracted remarkably in the following year.
| Export of Industrial Oleic Acid in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 88.5 | 366 | 2,173 | 1,462 | 154.7% |
| Saudi Arabia | 3,836 | 466 | 1,937 | 1,366 | -29.1% |
| Netherlands | 125 | 99.3 | 1,750 | 1,178 | 111.2% |
| Czech Republic | 752 | 609 | 1,368 | 920 | 7.0% |
| Israel | 625 | 517 | 763 | 513 | -6.4% |
| France | 238 | 314 | 742 | 499 | 28.0% |
| Slovakia | 26.5 | 160 | 595 | 401 | 147.3% |
| Jordan | 182 | 194 | 200 | 134 | -9.7% |
| Others | 779 | 761 | 1,421 | 745 | -1.5% |
| Total | 6,651 | 3,487 | 10,950 | 7,218 | 2.8% |
Top Export Markets for Industrial Oleic Acid from Italy in 2022:
- Germany (753.3 tons)
- Saudi Arabia (563.7 tons)
- Czech Republic (494.3 tons)
- Netherlands (466.0 tons)
- Israel (329.9 tons)
- France (255.4 tons)
- Slovakia (191.1 tons)
- Jordan (92.8 tons)
This report provides an in-depth analysis of the industrial oleic acid market in Italy. 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 20143130 - Industrial oleic acid
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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