Report Update Apr 1, 2024

Puerto Rico - Glutamic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Glutamic Acid Market 2024

Glutamic Acid Exports

Exports by Country

China dominates exports structure, reaching X tons, which was approx. 57% of total exports in 2021. Indonesia (X tons) held the second position in the ranking, followed by Brazil (X tons), Thailand (X tons), France (X tons) and Vietnam (X tons). All these countries together took near 38% share of total exports.

China was also the fastest-growing in terms of the glutamic acid and its salts exports, with a CAGR of +8.9% from 2012 to 2021. At the same time, Thailand (+5.4%) displayed positive paces of growth. Brazil and France experienced a relatively flat trend pattern. By contrast, Vietnam (-1.2%) and Indonesia (-2.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and France increased by +15 and +7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest glutamic acid supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was taken by Thailand ($X), with an 11% share of global exports. It was followed by Indonesia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +6.4%. In the other countries, the average annual rates were as follows: Thailand (+3.4% per year) and Indonesia (-3.8% per year).

Glutamic Acid Imports

Imports by Country

The countries with the highest levels of glutamic acid imports in 2021 were Japan (X tons), Vietnam (X tons), Thailand (X tons), Nigeria (X tons), Myanmar (X tons), Indonesia (X tons), Malaysia (X tons), the Philippines (X tons), South Korea (X tons), India (X tons) and Taiwan (Chinese) (X tons), together finishing at 68% of total import. The following importers - the United States (X tons) and Mexico (X tons) - each accounted for a 3.9% share of total imports.

From 2012 to 2021, the biggest increases were in Myanmar (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Nigeria ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2021, with a combined 25% share of total imports. These countries were followed by Thailand, Myanmar, Malaysia, India, South Korea, Indonesia, the Philippines, Taiwan (Chinese), the United States and Mexico, which together accounted for a further 44%.

Myanmar, with a CAGR of +19.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glutamic acid and its salts in the world?

The country with the largest volume of glutamic acid consumption was China, accounting for 18% of total volume. Moreover, glutamic acid consumption in China exceeded the figures recorded by the second-largest consumer, Japan, twofold. The third position in this ranking was taken by Nigeria, with a 7.1% share.

What are the largest producers of glutamic acid and its salts in the world?

China constituted the country with the largest volume of glutamic acid production, accounting for 67% of total volume. Moreover, glutamic acid production in China exceeded the figures recorded by the second-largest producer, Brazil, sixfold. The third position in this ranking was taken by Indonesia, with a 10% share.

What are the leading suppliers of glutamic acid and its salts to Puerto Rico?

In value terms, Japan, Nigeria and Vietnam constituted the countries with the highest levels of imports in 2021, with a combined 25% share of total imports. These countries were followed by Thailand, Myanmar, Malaysia, India, South Korea, Indonesia, the Philippines, Taiwan Chinese), the United States and Mexico, which together accounted for a further 44%.

What are the leading importers of glutamic acid and its salts from Puerto Rico?

In value terms, China remains the largest glutamic acid supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was taken by Thailand, with an 11% share of global exports. It was followed by Indonesia, with a 10% share.

This report provides an in-depth analysis of the glutamic acid market in Puerto Rico. 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 21102020 - Glutamic acid and its salts

Country coverage:

Puerto Rico

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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