Belgium - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tall Oil Fatty Acids in Belgium - 2023
Contents:
- Price for Tall Oil Fatty Acids in Belgium (CIF) - 2023
- Price for Tall Oil Fatty Acids in Belgium (FOB) - 2022
- Imports of Tall Oil Fatty Acids in Belgium
- Exports of Tall Oil Fatty Acids in Belgium
Price for Tall Oil Fatty Acids in Belgium (CIF) - 2023
The average tall oil fatty acids import price stood at $822 per ton in May 2023, falling by -24.1% against the previous month. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in March 2023 an increase of 85% month-to-month. As a result, import price attained the peak level of $2,582 per ton. From April 2023 to May 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Sweden ($2,805 per ton), while the price for France ($30.0 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tall Oil Fatty Acids in Belgium (FOB) - 2022
The average tall oil fatty acids export price stood at $971 per ton in 2022, declining by -11.5% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the maximum at $1,908 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($2,917 per ton), while the average price for exports to the Netherlands ($854 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 China (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tall Oil Fatty Acids in Belgium
Tall oil fatty acids imports into Belgium rose modestly to 8.5K tons in 2022, picking up by 3.8% on the previous year's figure. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 8.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tall oil fatty acids imports declined to $12M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year.
| Import of Tall Oil Fatty Acids in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 7.0 | 6.2 | 4.7 | -18.1% |
| Finland | 0.9 | 0.9 | 2.4 | 3.4 | 55.7% |
| Netherlands | 8.4 | 2.5 | 2.4 | 1.9 | -39.1% |
| United States | N/A | 0.1 | 0.2 | 0.8 | 182.8% |
| Germany | 0.2 | 0.3 | 0.5 | 0.6 | 44.2% |
| France | N/A | 0.1 | 0.6 | 0.4 | 100.0% |
| Others | 0.1 | 0.5 | 0.2 | N/A | 41.4% |
| Total | 9.6 | 11.4 | 12.4 | 11.9 | 7.4% |
Top Suppliers of Tall Oil Fatty Acids to Belgium in 2022:
- Sweden (3.6K tons)
- Finland (2.3K tons)
- Netherlands (1.1K tons)
- United States (0.6K tons)
- Germany (0.4K tons)
- France (0.3K tons)
Exports of Tall Oil Fatty Acids in Belgium
Tall oil fatty acids exports from Belgium declined to 2K tons in 2022, which is down by -13.8% on 2021. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year.
In value terms, tall oil fatty acids exports declined markedly to $1.9M in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 91%.
| Export of Tall Oil Fatty Acids in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3,545 | 538 | 817 | 1,156 | -31.2% |
| Germany | 3,248 | 219 | 303 | 372 | -51.4% |
| Sweden | N/A | N/A | 36.8 | 92.7 | 151.9% |
| France | 1,303 | 78.5 | 177 | 79.0 | -60.7% |
| United Kingdom | N/A | N/A | 53.8 | 72.7 | 35.1% |
| South Korea | 46.1 | 60.6 | 68.3 | 45.6 | -0.4% |
| Ukraine | N/A | N/A | N/A | 35.7 | 0% |
| Australia | 376 | 28.8 | 44.5 | N/A | -65.6% |
| Others | 832 | 399 | 1,022 | 69.5 | -56.3% |
| Total | 9,350 | 1,324 | 2,522 | 1,923 | -41.0% |
Top Export Markets for Tall Oil Fatty Acids from Belgium in 2022:
- Netherlands (1352.9 tons)
- Germany (344.9 tons)
- France (73.4 tons)
- Sweden (52.0 tons)
- United Kingdom (50.5 tons)
- South Korea (36.5 tons)
- Ukraine (32.7 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids in Belgium. 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 20143150 - Industrial tall oil fatty acids
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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