Finland - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in Finland - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Finland (CIF) - 2022
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Finland (FOB) - 2023
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in Finland
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in Finland
Price for Lauric Acid and Other Acids, Their Salts and Esters in Finland (CIF) - 2022
The average import price for lauric acid and other acids, their salts and esters stood at $8,794 per ton in 2022, growing by 55% against the previous year. Over the period under review, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($28,302 per ton), while the price for the Netherlands ($2,695 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in Finland (FOB) - 2023
The average export price for lauric acid and other acids, their salts and esters stood at $1,682 per ton in September 2023, waning by -6.1% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 9.3% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,896 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Sweden ($1,929 per ton), while the average price for exports to the Czech Republic ($625 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in Finland
Imports of lauric acid and other acids, their salts and esters into Finland contracted to 2.7K tons in 2022, with a decrease of -8.5% compared with 2021 figures. Overall, imports showed a abrupt decline.
In value terms, imports of lauric acid and other acids, their salts and esters soared to $24M in 2022. In general, total imports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +42.1% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Lauric Acid and Other Acids, Their Salts and Esters in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United States | 5.3 | 13.2 | 149.1% | ||
Germany | 4.2 | 3.0 | -28.6% | ||
Netherlands | 1.6 | 1.7 | 6.3% | ||
China | 2.7 | 1.5 | -44.4% | ||
Sweden | 0.3 | 0.8 | 166.7% | ||
Hungary | N/A | 0.7 | 0% | ||
Italy | 0.7 | 0.6 | -14.3% | ||
Belgium | 0.7 | 0.4 | -42.9% | ||
Others | 1.0 | 1.6 | 60.0% | ||
Total | 16.5 | 23.5 | 42.4% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to Finland in 2022:
- Netherlands (640.4 tons)
- Germany (619.8 tons)
- United States (465.6 tons)
- China (294.0 tons)
- Hungary (151.9 tons)
- Belgium (143.8 tons)
- Sweden (101.1 tons)
- Italy (98.3 tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in Finland
In 2022, overseas shipments of lauric acid and other acids, their salts and esters decreased by -14.6% to 4K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 558%. As a result, the exports reached the peak of 5.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of lauric acid and other acids, their salts and esters reached $5.8M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Lauric Acid and Other Acids, Their Salts and Esters in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 2.7 | 2.9 | 2.8 | 3.7 | 11.1% |
Germany | N/A | 0.8 | 1.0 | 1.0 | 11.8% |
Slovakia | N/A | 0.5 | 0.8 | 0.7 | 18.3% |
Czech Republic | N/A | 0.2 | 0.3 | 0.3 | 22.5% |
Austria | N/A | 0.3 | 0.2 | N/A | -33.3% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 2.7 | 5.0 | 5.1 | 5.8 | 29.0% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from Finland in 2022:
- Sweden (2426.8 tons)
- Germany (760.2 tons)
- Slovakia (500.9 tons)
- Czech Republic (319.3 tons)
- Austria (0.4 tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Finland. 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 20143280 - Lauric acid and others, salts and esters
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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