Ireland - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tall Oil Fatty Acids in Ireland - 2023
Contents:
- Price for Tall Oil Fatty Acids in Ireland (CIF) - 2022
- Price for Tall Oil Fatty Acids in Ireland (FOB) - 2022
- Imports of Tall Oil Fatty Acids in Ireland
- Exports of Tall Oil Fatty Acids in Ireland
Price for Tall Oil Fatty Acids in Ireland (CIF) - 2022
The average tall oil fatty acids import price stood at $3,466 per ton in 2022, picking up by 38% against the previous year. Over the period under review, the import price posted buoyant growth. The growth pace was the most rapid in 2021 when the average import price increased by 66%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,000 per ton), while the price for the UK ($2,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tall Oil Fatty Acids in Ireland (FOB) - 2022
In 2022, the average tall oil fatty acids export price amounted to $4,764 per ton, growing by 25% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 86%. As a result, the export price attained the peak level of $8,584 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($6,122 per ton), while the average price for exports to the UK ($3,844 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 the UK (+6.0%).
Imports of Tall Oil Fatty Acids in Ireland
In 2022, overseas purchases of industrial tall oil fatty acids decreased by -30% to 829 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tall oil fatty acids imports fell modestly to $2.9M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43%.
| Import of Tall Oil Fatty Acids in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 677 | 352 | 506 | 925 | 11.0% |
| France | 461 | 386 | 750 | 818 | 21.1% |
| Finland | 611 | 480 | 1,209 | 712 | 5.2% |
| Netherlands | 70.7 | 112 | 462 | 313 | 64.2% |
| United Kingdom | 34.2 | 1,433 | 48.5 | 74.0 | 29.3% |
| Others | 79.6 | N/A | 6.8 | 31.1 | -26.9% |
| Total | 1,932 | 2,763 | 2,982 | 2,872 | 14.1% |
Top Suppliers of Tall Oil Fatty Acids to Ireland in 2022:
- Sweden (284.4 tons)
- Finland (270.0 tons)
- Netherlands (128.1 tons)
- France (102.2 tons)
- United Kingdom (32.2 tons)
Exports of Tall Oil Fatty Acids in Ireland
In 2022, tall oil fatty acids exports from Ireland soared to 22 tons, rising by 143% on the year before. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 240%. As a result, the exports reached the peak of 35 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, tall oil fatty acids exports skyrocketed to $106K in 2022. In general, exports continue to indicate a buoyant expansion.
| Export of Tall Oil Fatty Acids in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 99.7 | 0% |
| Sweden | N/A | N/A | N/A | 3.9 | 0% |
| United Kingdom | 64.9 | 176 | 34.7 | 1.9 | -69.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.9 | 176 | 34.7 | 106 | 17.8% |
Top Export Markets for Tall Oil Fatty Acids from Ireland in 2022:
- France (21.0 tons)
- Sweden (0.6 tons)
- United Kingdom (0.5 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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