Angola - Palmitic Acid, Stearic Acid, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola - 2022
Contents:
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (CIF) - 2022
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (FOB) - 2022
- Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola
- Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (CIF) - 2022
In 2022, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $1,659 per ton, rising by 42% against the previous year. Over the period under review, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 241%. As a result, import price attained the peak level of $5,378 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 India ($6,386 per ton), while the price for Indonesia ($1,350 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (FOB) - 2022
In 2022, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $1,125 per ton, which is down by -96.8% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 4,308%. As a result, the export price attained the peak level of $35,076 per ton, and then dropped notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2020 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +53.7% per year.
Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola
After three years of growth, purchases abroad of palmitic acid, stearic acid, their salts and esters decreased by -75.6% to 1.1K tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 977%. As a result, imports reached the peak of 4.4K tons, and then contracted markedly in the following year.
In value terms, imports of palmitic acid, stearic acid, their salts and esters declined rapidly to $1.8M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 899%. As a result, imports attained the peak of $5.1M, and then contracted markedly in the following year.
Import of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | 364 | 3,787 | 1,224 | 83.4% |
Germany | 245 | 122 | 337 | 309 | 8.0% |
India | 2.0 | 7.9 | 144 | 121 | 292.6% |
Singapore | N/A | N/A | 539 | N/A | 0% |
Others | 27.1 | 16.5 | 296 | 113 | 61.0% |
Total | 274 | 511 | 5,104 | 1,767 | 86.1% |
Top Suppliers of Palmitic Acid, Stearic Acid, Their Salts and Esters to Angola in 2022:
- Indonesia (906.2 tons)
- Germany (91.4 tons)
- India (19.0 tons)
Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola
In 2022, the amount of palmitic acid, stearic acid, their salts and esters exported from Angola surged to 16 tons, jumping by 5,097% on 2021 figures. Overall, exports, however, saw a sharp setback.
In value terms, exports of palmitic acid, stearic acid, their salts and esters soared to $18K in 2022. Over the period under review, exports, however, recorded a deep slump.
Export of Palmitic Acid, Stearic Acid, Their Salts and Esters in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Democratic Republic of the Congo | 4.5 | 10.6 | 17.7 | 98.3% | |
Congo | 20.3 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 24.7 | 10.6 | 17.7 | -15.3% |
Top Export Markets for Palmitic Acid, Stearic Acid, Their Salts and Esters from Angola in 2022:
- Democratic Republic of the Congo (15.7 tons)
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Angola. 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 20143235 - Palmitic acid, stearic acid, their salts and esters
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- 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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