Denmark - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Denmark - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Salicylic Acid Price in Denmark - 2023

Contents:

  1. Salicylic Acid Price in Denmark (CIF) - 2023
  2. Salicylic Acid Price in Denmark (FOB) - 2022
  3. Salicylic Acid Imports in Denmark
  4. Salicylic Acid Exports in Denmark

Salicylic Acid Price in Denmark (CIF) - 2023

In June 2023, the average salicylic acid import price amounted to $3,886 per ton, reducing by -5.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 47% against the previous month. As a result, import price attained the peak level of $5,571 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($3,974 per ton), while the price for France amounted to $3,858 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+0.4%).

Salicylic Acid Price in Denmark (FOB) - 2022

The average salicylic acid export price stood at $6,341 per ton in 2021, picking up by 23% against the previous year. Overall, the export price, however, recorded a perceptible slump. The growth pace was the most rapid in 2015 when the average export price increased by 193%. The export price peaked at $16,044 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,288 per ton), while the average price for exports to Norway ($4,007 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.9%), while the prices for the other major destinations experienced a decline.

Salicylic Acid Imports in Denmark

In 2022, the amount of salicylic acid and its salts imported into Denmark declined remarkably to 552 tons, shrinking by -25.1% against the previous year's figure. Overall, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 9% against the previous year.

In value terms, salicylic acid imports declined significantly to $2.3M in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $2.9M, and then shrank rapidly in the following year.

Import of Salicylic Acid in Denmark (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
France2,2712,0072,4974.9%
Germany11076.81256.6%
China178150117-18.9%
Netherlands12512.972.0-24.1%
Poland20.447.268.082.6%
Others10.80.44.9-32.6%
Total2,7162,2942,8843.0%

Top Suppliers of Salicylic Acid to Denmark in 2022:

  1. France (660.6 tons)
  2. China (27.4 tons)
  3. Germany (23.2 tons)
  4. Netherlands (13.3 tons)
  5. Poland (12.6 tons)

Salicylic Acid Exports in Denmark

In 2022, shipments abroad of salicylic acid and its salts decreased by -4.9% to 26 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 9.4%. As a result, the exports reached the peak of 34 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, salicylic acid exports soared to $258K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Salicylic Acid in Denmark (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Sweden12111363.1-27.8%
Germany11.323.850.3111.0%
Poland2.78.830.5236.1%
Norway19.614.810.8-25.8%
FinlandN/A4.07.587.5%
Netherlands4.65.32.0-34.1%
Others6.38.010.126.6%
Total1651781742.7%

Top Export Markets for Salicylic Acid from Denmark in 2022:

  1. Sweden (12.0 tons)
  2. Germany (5.4 tons)
  3. Poland (4.3 tons)
  4. Norway (2.7 tons)
  5. Finland (1.8 tons)
  6. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the salicylic acid market in Denmark. 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 21101030 - Salicylic acid and its salts

Country coverage:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • 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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