United Kingdom - Inulin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInulin Price in the UK - 2023
Contents:
- Inulin Price in the UK (CIF) - 2022
- Inulin Price in the UK (FOB) - 2022
- Inulin Imports in the UK
- Inulin Exports in the UK
Inulin Price in the UK (CIF) - 2022
In 2022, the average inulin import price amounted to $3,421 per ton, picking up by 2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,968 per ton), while the price for the Netherlands ($2,999 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Inulin Price in the UK (FOB) - 2022
The average inulin export price stood at $6,225 per ton in 2022, picking up by 18% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inulin export price increased by +86.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($17,086 per ton), while the average price for exports to Ireland ($3,385 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 Australia (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Inulin Imports in the UK
In 2022, the amount of inulin imported into the UK skyrocketed to 2.8K tons, growing by 30% against 2021 figures. Overall, imports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2020 with an increase of 85% against the previous year. As a result, imports reached the peak of 4.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, inulin imports soared to $9.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 decreased by -9.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Inulin in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.4 | 7.4 | 3.9 | 5.3 | 6.4% |
| Netherlands | 1.8 | 2.4 | 2.0 | 1.8 | 0.0% |
| China | 0.1 | 0.2 | 0.5 | 1.5 | 146.6% |
| Ireland | 0.1 | 0.1 | 0.6 | 0.7 | 91.3% |
| Israel | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Others | N/A | 0.2 | 0.2 | 0.4 | 41.4% |
| Total | 6.5 | 10.6 | 7.3 | 9.6 | 13.9% |
Top Suppliers of Inulin to the UK in 2022:
- Belgium (1683.0 tons)
- Netherlands (598.4 tons)
- China (250.0 tons)
- Ireland (185.5 tons)
Inulin Exports in the UK
In 2022, the amount of inulin exported from the UK surged to 42 tons, jumping by 88% compared with the previous year's figure. Over the period under review, exports, however, faced a sharp downturn.
In value terms, inulin exports surged to $261K in 2022. Overall, exports, however, recorded a perceptible shrinkage.
| Export of Inulin in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 26.6 | 3.3 | 1.8 | 125 | 67.5% |
| Italy | 6.6 | 0.8 | 2.0 | 39.5 | 81.6% |
| Hong Kong SAR | N/A | 5.0 | N/A | 25.0 | 123.6% |
| Spain | 2.7 | 33.1 | 22.3 | 20.0 | 94.9% |
| Netherlands | 34.2 | 158 | 5.3 | 14.7 | -24.5% |
| Ireland | 156 | 166 | 38.0 | 13.9 | -55.3% |
| South Africa | 1.3 | N/A | 2.5 | 6.5 | 71.0% |
| Others | 58.4 | 105 | 45.1 | 16.2 | -34.8% |
| Total | 286 | 471 | 117 | 261 | -3.0% |
Top Export Markets for Inulin from the UK in 2022:
- Australia (15.4 tons)
- Italy (9.2 tons)
- Spain (5.0 tons)
- Ireland (4.1 tons)
- Hong Kong SAR (2.3 tons)
- Netherlands (1.9 tons)
- South Africa (1.6 tons)
This report provides an in-depth analysis of the inulin market in the UK. 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 10621130 - Inulin
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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