Germany - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSalicylic Acid Price in Germany - 2023
Contents:
- Salicylic Acid Price in Germany (FOB) - 2023
- Salicylic Acid Price in Germany (CIF) - 2023
- Salicylic Acid Exports in Germany
- Salicylic Acid Imports in Germany
Salicylic Acid Price in Germany (FOB) - 2023
The average salicylic acid export price stood at $23,544 per ton in June 2023, with an increase of 39% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in November 2022 when the average export price increased by 48% month-to-month. Over the period under review, the average export prices attained the peak figure in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($64,287 per ton), while the average price for exports to the UK ($5,728 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Salicylic Acid Price in Germany (CIF) - 2023
The average salicylic acid import price stood at $5,131 per ton in June 2023, growing by 6.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 an increase of 28% against the previous month. Over the period under review, average import prices hit record highs at $5,187 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($8,352 per ton), while the price for China ($3,668 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Salicylic Acid Exports in Germany
In 2022, overseas shipments of salicylic acid and its salts decreased by -2.4% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 2.9% against the previous year.
In value terms, salicylic acid exports surged to $22M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Salicylic Acid in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 9.3 | 7.9 | 8.8 | -2.7% | |
| Mexico | 4.8 | 4.6 | 4.5 | -3.2% | |
| Russia | 0.3 | 0.5 | 0.5 | 29.1% | |
| Spain | 0.6 | 0.5 | 0.5 | -8.7% | |
| United Kingdom | 0.2 | 0.3 | 0.4 | 41.4% | |
| Brazil | 0.3 | 0.1 | 0.2 | -18.4% | |
| Turkey | 0.2 | 0.4 | 0.2 | 0.0% | |
| Belgium | 0.1 | 0.2 | 0.2 | 41.4% | |
| Slovenia | 0.1 | 0.2 | 0.2 | 41.4% | |
| Switzerland | 0.3 | 0.3 | 0.2 | -18.4% | |
| Italy | 0.1 | 0.1 | 0.1 | 0.0% | |
| Others | 2.0 | 1.9 | 2.0 | 0.0% | |
| Total | 18.3 | 16.9 | 17.6 | -1.9% | |
Top Export Markets for Salicylic Acid from Germany in 2022:
- United States (556.2 tons)
- Mexico (178.0 tons)
- Russia (82.7 tons)
- United Kingdom (55.1 tons)
- Spain (48.9 tons)
- Turkey (40.7 tons)
- Slovenia (35.1 tons)
- Italy (23.2 tons)
- Belgium (21.0 tons)
- Brazil (20.0 tons)
- Switzerland (15.8 tons)
Salicylic Acid Imports in Germany
In 2022, after three years of growth, there was significant decline in overseas purchases of salicylic acid and its salts, when their volume decreased by -12.7% to 2.6K tons. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of 3K tons, and then reduced in the following year.
In value terms, salicylic acid imports stood at $13M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Salicylic Acid in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 7.2 | 7.3 | 10.1 | 18.4% | |
| China | 1.7 | 1.6 | 1.8 | 2.9% | |
| Netherlands | 0.1 | 0.5 | 0.4 | 100.0% | |
| Others | 1.6 | 1.7 | 0.5 | -44.1% | |
| Total | 10.7 | 11.1 | 12.8 | 9.4% | |
Top Suppliers of Salicylic Acid to Germany in 2022:
- France (2458.0 tons)
- China (435.9 tons)
- Netherlands (64.1 tons)
This report provides an in-depth analysis of the salicylic acid market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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In February 2023, the salicylic acid price stood at $16,316 per ton (FOB, Germany), with a decrease of -25% against the previous month.
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In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
757
In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
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In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
339
In February 2023, the salicylic acid price stood at $16,316 per ton (FOB, Germany), with a decrease of -25% against the previous month.
1237
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
971
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
