Netherlands - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in the Netherlands - 2023
Contents:
- Industrial Oleic Acid Price in the Netherlands (CIF) - 2023
- Industrial Oleic Acid Price in the Netherlands (FOB) - 2023
- Industrial Oleic Acid Imports in the Netherlands
- Industrial Oleic Acid Exports in the Netherlands
Industrial Oleic Acid Price in the Netherlands (CIF) - 2023
In June 2023, the average industrial oleic acid import price amounted to $1,614 per ton, with a decrease of -11.7% against the previous month. Overall, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in May 2023 an increase of 20% against the previous month. The import price peaked at $2,632 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,282 per ton), while the price for Indonesia ($1,201 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Oleic Acid Price in the Netherlands (FOB) - 2023
In June 2023, the average industrial oleic acid export price amounted to $2,111 per ton, with an increase of 2.4% against the previous month. Over the period under review, the export price, however, saw a pronounced slump. The growth pace was the most rapid in December 2022 when the average export price increased by 12% m-o-m. The export price peaked at $2,837 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3,480 per ton), while the average price for exports to the UK ($1,816 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 Malaysia (-0.9%), while the prices for the other major destinations experienced a decline.
Industrial Oleic Acid Imports in the Netherlands
In 2022, after three years of growth, there was significant decline in supplies from abroad of industrial oleic acid, when their volume decreased by -10.9% to 39K tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 44K tons, and then reduced in the following year.
In value terms, industrial oleic acid imports dropped significantly to $55M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115%. As a result, imports attained the peak of $75M, and then reduced remarkably in the following year.
| Import of Industrial Oleic Acid in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 14.8 | 17.3 | 38.8 | 31.6 | 28.8% |
| Malaysia | 8.2 | 8.7 | 16.4 | 12.5 | 15.1% |
| Germany | 1.6 | 3.5 | 5.7 | 3.8 | 33.4% |
| Italy | N/A | 0.2 | 2.0 | 3.4 | 312.3% |
| Belgium | 0.4 | 4.9 | 10.4 | 3.2 | 100.0% |
| Others | 0.2 | N/A | 1.3 | 0.2 | 0.0% |
| Total | 25.1 | 34.7 | 74.6 | 54.6 | 29.6% |
Top Suppliers of Industrial Oleic Acid to the Netherlands in 2022:
- Indonesia (22.7K tons)
- Malaysia (8.7K tons)
- Germany (3.2K tons)
- Italy (2.2K tons)
- Belgium (2.1K tons)
Industrial Oleic Acid Exports in the Netherlands
In 2022, industrial oleic acid exports from the Netherlands declined to 29K tons, with a decrease of -7.9% compared with 2021 figures. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 32K tons, and then declined in the following year.
In value terms, industrial oleic acid exports reduced sharply to $43M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, the exports attained the peak of $54M, and then fell remarkably in the following year.
| Export of Industrial Oleic Acid in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.5 | 12.1 | 16.6 | 11.7 | 3.7% |
| Belgium | 3.1 | 2.6 | 12.8 | 9.5 | 45.3% |
| Spain | 6.0 | 6.7 | 10.3 | 9.4 | 16.1% |
| Italy | 4.7 | 5.1 | 8.2 | 7.0 | 14.2% |
| United Kingdom | 1.8 | 2.9 | 0.5 | 2.0 | 3.6% |
| Malaysia | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| France | 2.2 | 1.6 | 2.2 | 0.9 | -25.8% |
| Others | 1.3 | 0.9 | 3.4 | 1.5 | 4.9% |
| Total | 29.5 | 31.9 | 54.2 | 43.0 | 13.4% |
Top Export Markets for Industrial Oleic Acid from the Netherlands in 2022:
- Germany (7.5K tons)
- Belgium (6.9K tons)
- Spain (6.0K tons)
- Italy (4.9K tons)
- Malaysia (1.6K tons)
- United Kingdom (1.1K tons)
- France (0.6K tons)
This report provides an in-depth analysis of the industrial oleic acid market in the Netherlands. 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:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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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During the review period, exports of Industrial Fatty Alcohols reached a peak of 371K tons in 2021, but from 2022 to 2023, they stayed at a lower level. In terms of value, exports of Industrial Fatty Alcohols dropped significantly to $389M in 2023.
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In March 2023, the industrial fatty alcohols price amounted to $1,959 per ton (FOB, Netherlands), picking up by 1.7% against the previous month.
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The growth pace of Tall Oil Fatty Acids was the most rapid in January 2023 with an increase of 62% month-to-month. In value terms, exports expanded markedly to $5.6M in November 2023.
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Overall, imports of Industrial Monocarboxylic Fatty Acids maintained a steady trend, with a notable increase in value to $130M in December 2023.
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In November 2022, Industrial Monocarboxylic Fatty Acids saw a rapid growth with imports increasing by 278% compared to the previous month. However, in October 2023, the value of these imports sharply decreased to $90M.
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In March 2023, the industrial fatty alcohols price amounted to $1,959 per ton (FOB, Netherlands), picking up by 1.7% against the previous month.
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