Saudi Arabia - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in Saudi Arabia - 2021
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in Saudi Arabia (FOB) - 2022
- Price for Industrial Monocarboxylic Fatty Acids in Saudi Arabia (CIF) - 2022
- Exports of Industrial Monocarboxylic Fatty Acids in Saudi Arabia
- Imports of Industrial Monocarboxylic Fatty Acids in Saudi Arabia
Price for Industrial Monocarboxylic Fatty Acids in Saudi Arabia (FOB) - 2022
The average industrial monocarboxylic fatty acids export price stood at $1,234 per ton in 2022, dropping by -8.8% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 111%. The export price peaked at $2,286 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,267 per ton), while the average price for exports to India ($213 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 the United Arab Emirates (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Industrial Monocarboxylic Fatty Acids in Saudi Arabia (CIF) - 2022
In 2022, the average industrial monocarboxylic fatty acids import price amounted to $1,517 per ton, declining by -5.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $1,854 per ton. From 2014 to 2022, the average 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 the UK ($4,490 per ton), while the price for the United States ($1,103 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Industrial Monocarboxylic Fatty Acids in Saudi Arabia
Industrial monocarboxylic fatty acids exports from Saudi Arabia declined sharply to 15K tons in 2022, waning by -32.3% compared with 2021. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 188%. As a result, the exports reached the peak of 21K tons, and then shrank markedly in the following year.
In value terms, industrial monocarboxylic fatty acids exports fell rapidly to $18M in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 509% against the previous year. As a result, the exports attained the peak of $29M, and then fell sharply in the following year.
Export of Industrial Monocarboxylic Fatty Acids in Saudi Arabia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 0.4 | 19.2 | 10.0 | 400.0% |
Belgium | 2.6 | 1.8 | 1.6 | 2.2 | -5.4% |
Malaysia | 2.8 | 0.6 | 0.3 | 1.7 | -15.3% |
Turkey | N/A | 1.6 | 3.1 | 1.6 | 0.0% |
Kuwait | 0.1 | 0.1 | 1.8 | 1.0 | 115.4% |
United States | 1.1 | 0.1 | 1.2 | 0.8 | -10.1% |
China | 1.0 | N/A | N/A | 0.5 | -20.6% |
Others | 0.7 | 0.1 | 1.7 | 0.2 | -34.1% |
Total | 8.2 | 4.8 | 29.0 | 17.9 | 29.7% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from Saudi Arabia in 2022:
- Turkey (3.8K tons)
- Belgium (3.4K tons)
- United Arab Emirates (3.1K tons)
- United States (1.3K tons)
- Malaysia (1.3K tons)
- China (0.6K tons)
- Kuwait (0.5K tons)
Imports of Industrial Monocarboxylic Fatty Acids in Saudi Arabia
In 2022, industrial monocarboxylic fatty acids imports into Saudi Arabia was estimated at 8.7K tons, flattening at the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.5%. As a result, imports attained the peak of 8.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, industrial monocarboxylic fatty acids imports fell to $13M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 20%.
Import of Industrial Monocarboxylic Fatty Acids in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.2 | 4.3 | 3.9 | 5.0 | 6.0% |
United States | 1.5 | 2.3 | 2.6 | 3.1 | 27.4% |
United Arab Emirates | N/A | 1.4 | 2.0 | 1.8 | 13.4% |
Malaysia | 0.5 | 1.0 | 1.3 | 1.5 | 44.2% |
United Kingdom | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
Germany | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
Argentina | 0.7 | N/A | N/A | N/A | 0% |
Belgium | N/A | 1.7 | 1.0 | N/A | -41.2% |
Indonesia | N/A | 0.3 | 0.4 | N/A | 33.3% |
Egypt | 0.7 | N/A | 0.5 | N/A | -15.5% |
Others | 2.0 | 0.7 | 1.5 | 0.7 | -29.5% |
Total | 10.4 | 12.5 | 14.1 | 13.3 | 8.5% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to Saudi Arabia in 2022:
- United States (2.8K tons)
- India (2.7K tons)
- Malaysia (1.4K tons)
- United Arab Emirates (0.8K tons)
- United Kingdom (0.2K tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Saudi Arabia. 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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