United Kingdom - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLysine Price in the UK - 2023
Contents:
- Lysine Price in the UK (CIF) - 2022
- Lysine Price in the UK (FOB) - 2022
- Lysine Imports in the UK
- Lysine Exports in the UK
Lysine Price in the UK (CIF) - 2022
The average lysine import price stood at $2,358 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $2,411 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,837 per ton), while the price for Indonesia ($1,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Lysine Price in the UK (FOB) - 2022
The average lysine export price stood at $3,764 per ton in 2022, growing by 105% against the previous year. In general, the export price saw a noticeable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($48,015 per ton), while the average price for exports to Ireland ($1,586 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 Germany (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Lysine Imports in the UK
In 2022, after two years of decline, there was significant growth in overseas purchases of lysine and its esters, and salts thereof, when their volume increased by 18% to 42K tons. Over the period under review, imports, however, showed a abrupt downturn.
In value terms, lysine imports skyrocketed to $99M in 2022. The total import value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Lysine in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.1 | 13.5 | 12.2 | 36.8 | 59.3% |
Germany | 24.0 | 31.9 | 18.3 | 18.5 | -8.3% |
United States | 1.6 | 2.0 | 2.4 | 15.7 | 114.1% |
France | 4.8 | 5.7 | 8.8 | 8.2 | 19.5% |
Brazil | N/A | N/A | 0.6 | 5.1 | 750.0% |
Indonesia | 2.7 | 6.8 | 7.5 | 4.3 | 16.8% |
Netherlands | 20.1 | 17.1 | 22.4 | 2.6 | -49.4% |
South Korea | 8.1 | 0.9 | N/A | 0.1 | -76.9% |
Others | 0.4 | 0.9 | 3.7 | 8.0 | 171.4% |
Total | 70.8 | 78.7 | 75.9 | 99.3 | 11.9% |
Top Suppliers of Lysine to the UK in 2022:
- South Korea (undefinedK tons)
- China (16.6K tons)
- United States (8.3K tons)
- France (4.2K tons)
- Germany (3.8K tons)
- Brazil (3.3K tons)
- Indonesia (3.1K tons)
- Netherlands (1.3K tons)
Lysine Exports in the UK
In 2022, shipments abroad of lysine and its esters, and salts thereof decreased by -58.3% to 879 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 5.3%. As a result, the exports reached the peak of 3.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, lysine exports fell to $3.3M in 2022. In general, exports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of $5.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Lysine in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 89.1 | 52.8 | 340 | 704 | 99.2% |
China | N/A | 11.8 | N/A | 459 | 523.7% |
United Arab Emirates | N/A | N/A | N/A | 410 | 0% |
Norway | 7.4 | N/A | 1.3 | 248 | 222.4% |
Germany | 107 | 166 | 29.7 | 96.6 | -3.4% |
Ireland | 3,705 | 4,497 | 3,114 | 73.1 | -73.0% |
France | 35.1 | 94.3 | 17.6 | 51.9 | 13.9% |
Others | 621 | 805 | 377 | 1,266 | 26.8% |
Total | 4,564 | 5,628 | 3,879 | 3,309 | -10.2% |
Top Export Markets for Lysine from the UK in 2022:
- Netherlands (308.5 tons)
- Norway (73.4 tons)
- Ireland (46.1 tons)
- United Arab Emirates (28.8 tons)
- France (12.6 tons)
- Germany (11.4 tons)
- China (9.6 tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof
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
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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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In December 2022, the UK lysine import price surged by 63% to $2,914/ton. Prices varied by country of origin, with the Netherlands being the highest at $3,053/ton, while Indonesia was amongst the lowest at $1,323/ton. Lysine imports decreased by -8.1% to 3.2K tons, but its value skyrocketed to $9.4M. China was the largest supplier to the UK with a 59% share, followed by Indonesia and Ireland. From December 2021 to December 2022, China's average monthly rate of growth in terms of volume was +4.4%, while the United States had the highest average monthly rate of imports growth in terms of value at +46.5% per month.
In January 2023, the monoethanolamine price amounted to $2,241 per ton (CIF, United Kingdom), surging by 4.3% against the previous month.
The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.
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In December 2022, the UK lysine import price surged by 63% to $2,914/ton. Prices varied by country of origin, with the Netherlands being the highest at $3,053/ton, while Indonesia was amongst the lowest at $1,323/ton. Lysine imports decreased by -8.1% to 3.2K tons, but its value skyrocketed to $9.4M. China was the largest supplier to the UK with a 59% share, followed by Indonesia and Ireland. From December 2021 to December 2022, China's average monthly rate of growth in terms of volume was +4.4%, while the United States had the highest average monthly rate of imports growth in terms of value at +46.5% per month.
In January 2023, the monoethanolamine price amounted to $2,241 per ton (CIF, United Kingdom), surging by 4.3% against the previous month.
The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.