United Kingdom - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 23, 2024

United Kingdom - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Price for Saturated Acyclic Monocarboxylic Acids in the UK - 2023

Contents:

  1. Price for Saturated Acyclic Monocarboxylic Acids in the UK (CIF) - 2022
  2. Price for Saturated Acyclic Monocarboxylic Acids in the UK (FOB) - 2022
  3. Imports of Saturated Acyclic Monocarboxylic Acids in the UK
  4. Exports of Saturated Acyclic Monocarboxylic Acids in the UK

Price for Saturated Acyclic Monocarboxylic Acids in the UK (CIF) - 2022

In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $2,537 per ton, increasing by 17% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by +72.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,149 per ton), while the price for Sweden ($1,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Saturated Acyclic Monocarboxylic Acids in the UK (FOB) - 2022

The average saturated acyclic monocarboxylic acids export price stood at $2,157 per ton in 2022, growing by 21% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids export price increased by +76.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,229 per ton), while the average price for exports to Belgium ($1,564 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 Ireland (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids in the UK

Saturated acyclic monocarboxylic acids imports into the UK fell slightly to 233K tons in 2022, waning by -2.5% on the previous year's figure. Over the period under review, imports showed a abrupt descent.

In value terms, saturated acyclic monocarboxylic acids imports rose markedly to $592M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Saturated Acyclic Monocarboxylic Acids in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China72.995.512111616.7%
Germany67.869.794.379.35.4%
United States12.312.615.575.883.3%
Netherlands56.057.661.975.410.4%
Sweden40.033.041.542.92.4%
Saudi ArabiaN/AN/A0.132.832700.0%
Belgium82.175.910223.4-34.2%
Others72.867.281.914626.1%
Total40441251959213.6%

Top Suppliers of Saturated Acyclic Monocarboxylic Acids to the UK in 2022:

  1. Netherlands (50.1K tons)
  2. Germany (42.5K tons)
  3. Sweden (29.6K tons)
  4. China (22.5K tons)
  5. United States (17.2K tons)
  6. Saudi Arabia (16.7K tons)
  7. Belgium (11.2K tons)

Exports of Saturated Acyclic Monocarboxylic Acids in the UK

In 2022, shipments abroad of saturated acyclic monocarboxylic acids decreased by -23.3% to 176K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of 244K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids exports contracted to $380M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $408M, and then contracted in the following year.

Export of Saturated Acyclic Monocarboxylic Acids in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium68.965.010912923.3%
Netherlands30.127.180.942.011.7%
France19.418.127.429.414.9%
United States11.914.917.320.119.1%
Germany22.321.420.217.7-7.4%
Mexico10.69.610.814.811.8%
China14.713.818.613.9-1.8%
Spain11.110.518.312.43.8%
Italy16.221.423.111.9-9.8%
Switzerland8.58.49.711.911.9%
Turkey18.021.312.97.6-25.0%
Ireland8.26.17.77.5-2.9%
Others71.060.052.562.0-4.4%
Total3112984083806.9%

Top Export Markets for Saturated Acyclic Monocarboxylic Acids from the UK in 2022:

  1. Belgium (82.4K tons)
  2. Netherlands (16.7K tons)
  3. France (16.3K tons)
  4. Italy (7.4K tons)
  5. Spain (6.4K tons)
  6. China (6.0K tons)
  7. Germany (5.4K tons)
  8. Mexico (5.0K tons)
  9. United States (4.8K tons)
  10. Switzerland (4.8K tons)
  11. Turkey (3.4K tons)
  12. Ireland (2.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic 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 20143215 - Ethyl acetate
  • Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
  • Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
  • Prodcom 20143230 -
  • Prodcom 20143240 -
  • Prodcom 20143250 - Formic acid, its salts and esters
  • Prodcom 20143271 - Acetic acid
  • Prodcom 20143278 - Salts of acetic acid
  • Prodcom 20143280 - Lauric acid and others, salts and esters

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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