Croatia - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenylacetic Acid Price in Croatia - 2023
Contents:
- Phenylacetic Acid Price in Croatia (CIF) - 2022
- Phenylacetic Acid Price in Croatia (FOB) - 2022
- Phenylacetic Acid Imports in Croatia
- Phenylacetic Acid Exports in Croatia
Phenylacetic Acid Price in Croatia (CIF) - 2022
In 2022, the average phenylacetic acid import price amounted to $11,887 per ton, which is down by -44.5% against the previous year. Over the period under review, the import price, however, showed a temperate increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. Over the period under review, average import prices hit record highs at $21,884 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($71,459 per ton), while the price for the United States ($2,791 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenylacetic Acid Price in Croatia (FOB) - 2022
The average phenylacetic acid export price stood at $10,117 per ton in 2022, with an increase of 26% against the previous year. In general, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2019 an increase of 169%. The export price peaked at $25,168 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($13,303 per ton), while the average price for exports to Bosnia and Herzegovina ($9,897 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 Slovenia (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.
Phenylacetic Acid Imports in Croatia
In 2022, phenylacetic acid imports into Croatia soared to 60 tons, picking up by 93% on the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, phenylacetic acid imports rose notably to $712K in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Phenylacetic Acid in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 671 | 811 | 224 | 218 | -31.3% |
| Austria | 4.1 | 7.0 | 19.8 | 210 | 271.4% |
| Germany | 25.5 | 51.7 | 62.3 | 139 | 76.0% |
| Italy | 181 | 149 | 128 | 96.3 | -19.0% |
| Belgium | 4.9 | 4.7 | 24.9 | 40.8 | 102.7% |
| United States | 2.9 | 4.8 | N/A | 2.7 | -2.4% |
| Netherlands | 26.2 | 99.0 | 92.7 | N/A | 88.1% |
| Others | 52.9 | 14.6 | 112 | 4.8 | -55.1% |
| Total | 968 | 1,143 | 664 | 712 | -9.7% |
Top Suppliers of Phenylacetic Acid to Croatia in 2022:
- Austria (30.3 tons)
- China (11.8 tons)
- Germany (11.0 tons)
- Belgium (3.9 tons)
- Italy (1.3 tons)
- United States (1.0 tons)
Phenylacetic Acid Exports in Croatia
In 2022, approx. 4.2 tons of phenylacetic acid, its salts and esters were exported from Croatia; rising by 35% against the previous year's figure. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 192%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, phenylacetic acid exports skyrocketed to $42K in 2022. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 195% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Phenylacetic Acid in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 6.3 | 8.4 | 23.3 | 36.9 | 80.3% |
| Serbia | N/A | N/A | 0.2 | 4.4 | 2100.0% |
| Slovenia | N/A | 0.1 | 1.2 | 0.9 | 200.0% |
| China | 20.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 26.3 | 8.4 | 24.8 | 42.2 | 17.1% |
Top Export Markets for Phenylacetic Acid from Croatia in 2022:
- Bosnia and Herzegovina (3.7 tons)
- Serbia (0.4 tons)
- Slovenia (0.1 tons)
This report provides an in-depth analysis of the phenylacetic acid market in Croatia. 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 20143367 - Phenylacetic acid, its salts and esters
- Prodcom 20143370 - Aromatic monocarboxylic acids, (anhydrides), halides, p eroxides, peroxyacids, derivatives excluding benzoic acid, p henylacetic acids their salts/esters, benzoyl peroxide, b enzoyl chloride
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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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