Luxembourg - Lauric Acid and Others, Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Market for Lauric Acid And Other Acids, Their Salts And Esters 2024
Market Size for Lauric Acid And Other Acids, Their Salts And Esters in Luxembourg
The Luxembourg market for lauric acid and other acids, their salts and esters skyrocketed to $X in 2023, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a buoyant increase. Over the period under review, the market reached the peak level in 2023 and is likely to see steady growth in the near future.
Exports of Lauric Acid And Other Acids, Their Salts And Esters
Exports from Luxembourg
For the third year in a row, Luxembourg recorded growth in shipments abroad of lauric acid and other acids, their salts and esters, which increased by X% to X tons in 2023. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2023 and are expected to retain growth in the immediate term.
In value terms, exports of lauric acid and other acids, their salts and esters surged to $X in 2023. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2023 and are likely to see gradual growth in years to come.
Exports by Country
The UK (X tons) was the main destination for exports of lauric acid and other acids, their salts and esters from Luxembourg, with a X% share of total exports. Moreover, exports of lauric acid and other acids, their salts and esters to the UK exceeded the volume sent to the second major destination, Serbia (X tons), sevenfold.
From 2014 to 2023, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Germany (X% per year).
In value terms, the UK ($X) remains the key foreign market for lauric acid and other acids, their salts and esters exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Serbia ($X), with a X% share of total exports.
From 2014 to 2023, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Germany (X% per year).
Export Prices by Country
The average export price for lauric acid and other acids, their salts and esters stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price, however, showed a precipitous decline. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%).
Imports of Lauric Acid And Other Acids, Their Salts And Esters
Imports into Luxembourg
In 2023, after two years of decline, there was significant growth in supplies from abroad of lauric acid and other acids, their salts and esters, when their volume increased by X% to X tons. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of lauric acid and other acids, their salts and esters skyrocketed to $X in 2023. In general, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of lauric acid and other acids, their salts and esters to Luxembourg, with a combined X% share of total imports. France and Spain lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), France ($X) and Belgium ($X) appeared to be the largest lauric acid and other acids, their salts and esters suppliers to Luxembourg, together comprising X% of total imports. Spain and Germany lagged somewhat behind, together accounting for a further X%.
Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for lauric acid and other acids, their salts and esters amounted to $X per ton, rising by X% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Luxembourg. 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 20143280 - Lauric acid and others, salts and esters
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
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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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