United Kingdom - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in the UK - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in the UK (FOB) - 2023
- Price for Nitric and Sulphonitric Acids in the UK (CIF) - 2022
- Exports of Nitric and Sulphonitric Acids in the UK
- Imports of Nitric and Sulphonitric Acids in the UK
Price for Nitric and Sulphonitric Acids in the UK (FOB) - 2023
In August 2023, the average nitric and sulphonitric acids export price amounted to $671 per ton, with an increase of 43% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 117% against the previous month. As a result, the export price attained the peak level of $1,664 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From August 2022 to August 2023, the rate of growth in terms of prices for Ireland amounted to -2.0% per month.
Price for Nitric and Sulphonitric Acids in the UK (CIF) - 2022
In 2021, the average nitric and sulphonitric acids import price amounted to $439 per ton, dropping by -9.7% against the previous year. Overall, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 73% against the previous year. The import price peaked at $581 per ton in 2012; however, from 2013 to 2021, 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 Poland ($10,233 per ton), while the price for Belgium ($343 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+48.8%), while the prices for the other major suppliers experienced a decline.
Exports of Nitric and Sulphonitric Acids in the UK
In 2022, approx. 7.6K tons of nitric acid and sulphonitric acids were exported from the UK; declining by -1.6% compared with 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 3.2%. As a result, the exports reached the peak of 7.7K tons, and then contracted modestly in the following year.
In value terms, nitric and sulphonitric acids exports dropped markedly to $3.8M in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 109% against the previous year. As a result, the exports reached the peak of $5.1M, and then reduced rapidly in the following year.
| Export of Nitric and Sulphonitric Acids in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Ireland | 1,696 | 1,809 | 2,725 | 26.8% | |
| Netherlands | 10.8 | 0.3 | 1,558 | 1101.1% | |
| Italy | 5.7 | 8.1 | 215 | 514.2% | |
| France | 38.4 | 32.9 | 141 | 91.6% | |
| Israel | 25.3 | 66.8 | 71.8 | 68.5% | |
| Singapore | N/A | N/A | 40.7 | 0% | |
| Others | 513 | 530 | 364 | -15.8% | |
| Total | 2,289 | 2,447 | 5,115 | 49.5% | |
Top Export Markets for Nitric and Sulphonitric Acids from the UK in 2022:
- Ireland (4.7K tons)
- Netherlands (4.4K tons)
- Italy (3.0K tons)
- Israel (0.4K tons)
- Singapore (0.3K tons)
- France (0.2K tons)
Imports of Nitric and Sulphonitric Acids in the UK
In 2022, after two years of decline, there was significant growth in purchases abroad of nitric acid and sulphonitric acids, when their volume increased by 22% to 8.1K tons. In general, imports, however, continue to indicate a abrupt slump.
In value terms, nitric and sulphonitric acids imports soared to $3.5M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nitric and Sulphonitric Acids in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Portugal | N/A | N/A | 1,132 | 0% | |
| France | 982 | 2,880 | 655 | -18.3% | |
| Belgium | 1,711 | 227 | 580 | -41.8% | |
| Germany | 298 | 770 | 498 | 29.3% | |
| Poland | 155 | N/A | 1.2 | -91.2% | |
| Others | 94.7 | 294 | 24.8 | -48.8% | |
| Total | 3,240 | 4,171 | 2,892 | -5.5% | |
Top Suppliers of Nitric and Sulphonitric Acids to the UK in 2022:
- Poland (undefinedK tons)
- Portugal (3.3K tons)
- Belgium (1.7K tons)
- Germany (1.2K tons)
- France (1.2K tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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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This report provides an in-depth analysis of the market for nitric and sulphonitric acids in the UK.
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This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
499
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in the UK.
757
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
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In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1413
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
885
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1413
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
