Price for Poly(Lactic Acid); in Primary Forms in Luxembourg - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Luxembourg (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Luxembourg (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Luxembourg
- Exports of Poly(Lactic Acid); in Primary Forms in Luxembourg
Price for Poly(Lactic Acid); in Primary Forms in Luxembourg (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $6,750 per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, recorded a slight curtailment. The import price peaked at $8,018 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Belgium ($7,303 per ton), while the price for France ($2,633 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Luxembourg (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $16,815 per ton in 2022, jumping by 168% against the previous year. In general, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($17,528 per ton), while the average price for exports to Poland ($4,689 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 France (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Poly(Lactic Acid); in Primary Forms in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas purchases of poly(lactic acid); in primary formses, which increased by 33% to 111 tons in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports soared to $749K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Poly(Lactic Acid); in Primary Forms in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 198 | 225 | 213 | 379 | 24.2% |
Belgium | 120 | 126 | 197 | 311 | 37.4% |
France | 20.4 | 25.2 | 26.3 | 25.7 | 8.0% |
Germany | 6.5 | 10.5 | 24.9 | 22.1 | 50.4% |
Others | 10.9 | 8.8 | 7.0 | 11.2 | 0.9% |
Total | 356 | 396 | 469 | 749 | 28.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Luxembourg in 2022:
- United States (54.0 tons)
- Belgium (42.6 tons)
- France (9.8 tons)
- Germany (4.0 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Luxembourg
In 2022, overseas shipments of poly(lactic acid); in primary formses increased by 149% to 5.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous decrease.
In value terms, poly(lactic acid); in primary forms exports skyrocketed to $90K in 2022. Overall, exports, however, recorded a noticeable downturn.
Export of Poly(Lactic Acid); in Primary Forms in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.8 | 0.7 | 0.7 | 87.7 | 265.2% |
Poland | 22.1 | 0.2 | 3.6 | 1.3 | -61.1% |
France | 70.6 | 143 | 0.1 | 0.1 | -88.8% |
United States | 5.2 | N/A | 8.8 | N/A | 30.1% |
Others | 2.2 | 0.5 | 0.2 | 0.5 | -39.0% |
Total | 102 | 145 | 13.5 | 89.6 | -4.2% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Luxembourg in 2022:
- France (undefined tons)
- Belgium (5.0 tons)
- Poland (0.3 tons)
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