U.S. - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Tall Oil Fatty Acids in the United States - 2023
Contents:
- Price for Tall Oil Fatty Acids in the United States (FOB) - 2023
- Price for Tall Oil Fatty Acids in the United States (CIF) - 2022
- Exports of Tall Oil Fatty Acids in the United States
- Imports of Tall Oil Fatty Acids in the United States
Price for Tall Oil Fatty Acids in the United States (FOB) - 2023
In August 2023, the average tall oil fatty acids export price amounted to $1,165 per ton, rising by 2.2% against the previous month. Overall, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in January 2023 an increase of 10% m-o-m. Over the period under review, the average export prices hit record highs at $1,764 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was South Korea ($1,622 per ton), while the average price for exports to Singapore ($906 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.9%), while the prices for the other major destinations experienced a decline.
Price for Tall Oil Fatty Acids in the United States (CIF) - 2022
The average tall oil fatty acids import price stood at $1,532 per ton in 2022, falling by -12% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27%. As a result, import price attained the peak level of $1,742 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,974 per ton), while the price for the Netherlands ($1,330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tall Oil Fatty Acids in the United States
In 2022, overseas shipments of industrial tall oil fatty acids decreased by -7.8% to 75K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of 82K tons, and then declined in the following year.
In value terms, tall oil fatty acids exports reduced to $74M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of $85M, and then shrank in the following year.
| Export of Tall Oil Fatty Acids in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.9 | 4.5 | 9.2 | 19.8 | 42.1% |
| Mexico | 9.5 | 8.4 | 13.2 | 12.5 | 9.6% |
| South Korea | 5.0 | 4.2 | 6.0 | 6.5 | 9.1% |
| Singapore | 2.2 | 2.8 | 5.4 | 5.8 | 38.1% |
| Sweden | 3.8 | 5.8 | 4.5 | 3.6 | -1.8% |
| Colombia | 3.1 | 3.6 | 4.7 | 3.6 | 5.1% |
| Canada | 3.2 | 3.3 | 2.2 | 3.4 | 2.0% |
| Taiwan (Chinese) | 1.4 | 1.3 | 1.5 | 2.3 | 18.0% |
| Brazil | 1.6 | 0.6 | 1.6 | 2.0 | 7.7% |
| Jamaica | 2.1 | 1.7 | 1.1 | 1.8 | -5.0% |
| Netherlands | 4.6 | 4.0 | 4.1 | 1.6 | -29.7% |
| India | 4.4 | 5.3 | 9.1 | 1.4 | -31.7% |
| China | 1.6 | 5.3 | 4.4 | 1.3 | -6.7% |
| Others | 15.2 | 12.9 | 17.7 | 8.7 | -17.0% |
| Total | 64.6 | 63.8 | 84.8 | 74.3 | 4.8% |
Top Export Markets for Tall Oil Fatty Acids from the United States in 2022:
- Australia (19.0K tons)
- Mexico (11.2K tons)
- Sweden (10.4K tons)
- South Korea (5.5K tons)
- Singapore (5.4K tons)
- Canada (2.9K tons)
- Colombia (2.7K tons)
- Netherlands (2.3K tons)
- Taiwan (Chinese) (2.3K tons)
- Brazil (1.9K tons)
- Jamaica (1.6K tons)
- China (1.4K tons)
- India (1.3K tons)
Imports of Tall Oil Fatty Acids in the United States
After two years of decline, supplies from abroad of industrial tall oil fatty acids increased by 15% to 5.5K tons in 2022. Overall, imports, however, saw a deep slump.
In value terms, tall oil fatty acids imports totaled $8.5M in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
| Import of Tall Oil Fatty Acids in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | 2.0 | 3.1 | 2.6 | -5.7% |
| Sweden | 2.0 | 1.8 | 3.1 | 2.4 | 6.3% |
| Finland | 2.7 | 2.1 | 1.1 | 1.5 | -17.8% |
| Spain | N/A | N/A | N/A | 0.8 | 0% |
| China | 0.1 | 0.4 | 0.4 | 0.5 | 71.0% |
| Canada | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
| Mexico | N/A | N/A | N/A | 0.2 | 0% |
| Japan | 2.2 | 0.9 | 0.1 | N/A | -78.7% |
| Others | 0.3 | 1.2 | 0.3 | 0.3 | 0.0% |
| Total | 10.4 | 8.5 | 8.4 | 8.5 | -6.5% |
Top Suppliers of Tall Oil Fatty Acids to the United States in 2022:
- Netherlands (1981.7 tons)
- Sweden (1620.6 tons)
- Finland (793.9 tons)
- Spain (572.2 tons)
- China (158.5 tons)
- Mexico (149.6 tons)
- Canada (95.8 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
412
This report provides an in-depth analysis of the market for tall oil fatty acids in the U.S..
404
This report provides an in-depth analysis of the industrial fatty alcohols market in the U.S..
416
This report provides an in-depth analysis of the industrial oleic acid market in the U.S..
410
This report provides an in-depth analysis of the industrial stearic acid market in the U.S..
288
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in the U.S..
746
This report provides an in-depth analysis of the global market for tall oil fatty acids.
604
This report provides an in-depth analysis of the global industrial fatty alcohols market.
1484
This report provides an in-depth analysis of the global industrial oleic acid market.
909
This report provides an in-depth analysis of the global industrial stearic acid market.
314
This report provides an in-depth analysis of the global market for industrial monocarboxylic fatty acids.
147
From March 2023 to November 2023, the exports of Tall Oil Fatty Acids were unable to regain momentum. However, in November 2023, the value of Tall Oil Fatty Acids exports skyrocketed to $5M.
244
In March 2023, the import of Industrial Fatty Alcohols experienced a remarkable growth rate of 95% compared to the previous month. However, the value of these imports saw a rapid decline, reaching $15M in September 2023.
361
In April 2023, the industrial monocarboxylic fatty acids price amounted to $1,205 per ton (CIF, US), reducing by -9.6% against the previous month.
189
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
147
From March 2023 to November 2023, the exports of Tall Oil Fatty Acids were unable to regain momentum. However, in November 2023, the value of Tall Oil Fatty Acids exports skyrocketed to $5M.
244
In March 2023, the import of Industrial Fatty Alcohols experienced a remarkable growth rate of 95% compared to the previous month. However, the value of these imports saw a rapid decline, reaching $15M in September 2023.
361
In April 2023, the industrial monocarboxylic fatty acids price amounted to $1,205 per ton (CIF, US), reducing by -9.6% against the previous month.
189
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
