EU: Naphthenic Acids Market 2020

Naphthenic Acids Market Size in the EU

The revenue of the naphthenic acids market in the European Union amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The level of naphthenic acids consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Naphthenic Acids Production in the EU

The naphthenic acids production stood at X tons in 2017, picking up by X% against the previous year. The naphthenic acids production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2009, when the output figure increased by X% against the previous year. The volume of naphthenic acids production peaked in 2017, and is expected to retain its growth in the near future.

Naphthenic Acids Exports in the EU

In 2017, approx. X tons of naphthenic acids, their water-insoluble salts and their esters were exported in the European Union; waning by -X% against the previous year. The naphthenic acids exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the naphthenic acids exports attained its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, naphthenic acids exports amounted to $X in 2017. The naphthenic acids exports continue to indicate a measured contraction. In that year, the naphthenic acids exports attained their peak level of $X. From 2012 to 2017, growth of the naphthenic acids exports stood at a somewhat lower level.

Naphthenic Acids Exports by Country in the EU

In 2017, Germany (X tons) represented the major exporter for naphthenic acids, their water-insoluble salts and their esters, creating X% of total exports. Ireland (X tons) occupied the second position in the ranking, followed by the Netherlands (X tons), Belgium (X tons) and France (X tons). All these countries together took approx. X% share of total exports. The following exporters - the UK (X tons), Italy (X tons), Spain (X tons), Slovenia (X tons) and Sweden (X tons) together made up X% of total exports.

Exports from Germany decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Slovenia (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Belgium and Spain experienced a relatively flat trend pattern. By contrast, the UK (-X%), Ireland (-X%), France (-X%), the Netherlands (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Germany (X%), the Netherlands (X%), Italy (X%), Ireland (X%) and France (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest naphthenic acids markets worldwide were Germany ($X), Ireland ($X) and France ($X), with a combined X% share of total exports. These countries were followed by Belgium, the Netherlands, the UK, Italy, Spain, Sweden and Slovenia, which together accounted for a further X%.

In terms of the main exporting countries , Slovenia (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Naphthenic Acids Export Prices by Country in the EU

The naphthenic acids export price in the European Union stood at $X per ton in 2017, approximately reflecting the previous year. The naphthenic acids export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the export prices for naphthenic acids, their water-insoluble salts and their esters attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

Naphthenic Acids Imports in the EU

In 2017, approx. X tons of naphthenic acids, their water-insoluble salts and their esters were imported in the European Union; dropping by -X% against the previous year. The naphthenic acids imports continue to indicate a significant downturn. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, naphthenic acids imports totaled $X in 2017. The naphthenic acids imports continue to indicate a perceptible setback. In that year, the naphthenic acids imports reached their peak level of $X. From 2012 to 2017, growth of the naphthenic acids imports stood at a somewhat lower level.

Naphthenic Acids Imports by Country in the EU

In 2017, Germany (X tons), distantly followed by France (X tons), Spain (X tons), the Netherlands (X tons), the UK (X tons), Italy (X tons), Belgium (X tons) and Poland (X tons) represented the largest importers of naphthenic acids, their water-insoluble salts and their esters, together achieving X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports. The UK, Belgium, Spain, the Netherlands and Poland lagged somewhat behind, together comprising a further X%.

Poland (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Naphthenic Acids Import Prices by Country in the EU

The naphthenic acids import price in the European Union stood at $X per ton in 2017, flattening at the previous year. The naphthenic acids import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform