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Belgium - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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Belgium: Salicylic Acid Market Overview 2020

Salicylic Acid Market Size in Belgium

The revenue of the salicylic acid market in Belgium amounted to $X in 2018, rising by X% against the previous year. Overall, salicylic acid consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Over the period under review, the salicylic acid market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Salicylic Acid Production in Belgium

In value terms, salicylic acid production stood at $X in 2018 estimated in export prices. Overall, salicylic acid production continues to indicate a prominent expansion. The growth pace was the most rapid in 2009 when production volume increased by X% y-o-y. Over the period under review, salicylic acid production attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Salicylic Acid Exports

Exports from Belgium

In 2018, approx. X tonnes of salicylic acid and its salts were exported from Belgium; rising by X% against the previous year. Over the period under review, salicylic acid exports, however, continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, salicylic acid exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, salicylic acid exports totaled $X in 2018. Overall, salicylic acid exports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of salicylic acid exports from Belgium, together comprising X% of total exports. Spain, Cote d'Ivoire, South Africa and Senegal lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Senegal, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for salicylic acid exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports. Senegal, Cote d'Ivoire, South Africa and Spain lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average salicylic acid export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, salicylic acid export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for salicylic acid and its salts attained their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Senegal ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Senegal, while the prices for the other major destinations experienced more modest paces of growth.

Salicylic Acid Imports

Imports into Belgium

In 2018, the salicylic acid imports into Belgium stood at X tonnes, surging by X% against the previous year. In general, salicylic acid imports, however, continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. In that year, salicylic acid imports attained their peak of X tonnes. From 2009 to 2018, the growth of salicylic acid imports remained at a lower figure.

In value terms, salicylic acid imports totaled $X in 2018. In general, salicylic acid imports, however, continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Brazil (X tonnes) constituted the largest supplier of salicylic acid to Belgium, with a X% share of total imports. Moreover, salicylic acid imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tonnes), eightfold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Brazil amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and France (-X% per year).

In value terms, Brazil ($X) constituted the largest supplier of salicylic acid to Belgium, comprising X% of total salicylic acid imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the average salicylic acid import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price indicated resilient growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, salicylic acid import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 21101030 - Salicylic acid and its salts

This report provides an in-depth analysis of the salicylic acid market 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 2025.


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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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