Lauric Acid and Other Acids Market

Lauric acid and other acids market: get newly released facts and figures provided by an Ai-driven BI platform. Statistics cover production, market size, exports, companies, market prices, trade, imports, and consumption. Here is a breakdown by country, including the Middle East, EU, the U.S., Latin America, the U.K., Russia, Africa, and China. Market trends and outlook to 2030 are also provided in the dashboards.


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Lauric Acid and Other Acids - World's Largest Markets

RatingCountry
1United States
2China
3Mexico
4India
5Germany

In value terms, the largest lauric acid and other acids, their salts and esters markets worldwide were the United States, China and Mexico, together comprising 38% of the global market. These countries were followed by India, Germany, Japan, the Netherlands, the UK, Turkey, Brazil, Belgium, Indonesia and the Philippines, which together accounted for a further 34%.

The Netherlands (+249.6% per year) recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while market of lauric acid and other acids, their salts and esters for the other global leaders experienced more modest paces of growth.

Lauric Acid And Other Acids, Their Salts And Esters Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Indonesia137911011097-10.8%
Malaysia178918941283-15.3%
Netherlands231726182256-1.3%
Belgium393734952682-17.5%
Germany2862271228610.0%
United States357248043242-4.7%
China501044003521-16.2%
Average254125782206-6.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($3,521 per ton), while Indonesia ($1,097 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany352134523265-3.7%
United States3124359431290.1%
Spain318429392893-4.7%
United Kingdom277430122623-2.8%
Italy269924942597-1.9%
Mexico281426172585-4.2%
Japan274025092232-9.7%
India254123532162-7.8%
South Korea238022532044-7.3%
Belgium190121221689-5.7%
China179516751612-5.2%
Netherlands195914331348-17.0%
Philippines292422111095-38.8%
Average259224972318-5.4%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($3,265 per ton), while the Philippines ($1,095 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the import price figures.

Lauric Acid and Other Acids, Their Salts and Esters - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.30.40.752.3%
Netherlands0.20.20.319.6%
China0.40.40.3-13.0%
India0.20.20.26.9%
Germany0.20.20.2-7.5%

In value terms, the United States ($673M) constitutes the largest market for imported lauric acid and other acids, their salts and esters worldwide, comprising 20% of global imports. The second position in the ranking was occupied by the Netherlands ($295M), with a 8.9% share of global imports. It was followed by China, with a 8.9% share.

In the United States, imports of lauric acid and other acids, their salts and esters increased at an average annual rate of +52.3% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+19.6% per year) and China (-13.0% per year).

Lauric Acid and Other Acids, Their Salts and Esters - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.40.40.4-3.6%
Indonesia0.30.20.49.5%
Netherlands0.30.30.31.8%
Malaysia0.40.40.3-19.5%
China0.30.30.3-9.9%

In value terms, Germany ($363M), Indonesia ($362M) and the Netherlands ($309M) were the countries with the highest levels of exports in 2020, with a combined 38% share of global exports. Malaysia, China, the United States and Belgium lagged somewhat behind, together comprising a further 36%.

Belgium recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Lauric Acid and Other Acids, Their Salts and Esters - Market Forecast

Driven by increasing demand for lauric acid and other acids, their salts and esters worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lauric Acid and Other Acids - Product Coverage

  • HS 291590 - Acids; saturated acyclic monocarboxylic acids; anhydrides, halides, peroxides, peroxyacids and halogenated, sulphonated, nitrated or nitrosated derivatives, n.e.s. in heading no. 2915
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World - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for lauric acid and other acids, their salts and esters.

Eastern Asia - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Eastern Asia.

Latin America and the Caribbean - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Latin America and the Caribbean.

Middle East - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in the Middle East.

Australia and Oceania - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Australia and Oceania.

South-Eastern Asia - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in South-Eastern Asia.

Central Asia - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Central Asia.

Africa - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Africa.

Northern America - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Northern America.

Southern Asia - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Southern Asia.

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