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

Salicylic Acid Market Size in the UK

The revenue of the salicylic acid market in the UK amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Salicylic acid consumption peaked in 2018 and is expected to retain its growth in the near future.

Salicylic Acid Production in the UK

In value terms, salicylic acid production stood at $X in 2018 estimated in export prices. In general, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, salicylic acid production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, salicylic acid production reached its maximum level in 2018 and is expected to retain its growth in the near future.

Salicylic Acid Exports

Exports from the UK

In 2018, the exports of salicylic acid and its salts from the UK totaled X tonnes, rising by X% against the previous year. Overall, salicylic acid exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, salicylic acid exports attained their peak figure at X tonnes in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, salicylic acid exports totaled $X in 2018. Overall, salicylic acid exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, salicylic acid exports attained their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Ghana (X tonnes) was the main destination for salicylic acid exports from the UK, accounting for a X% share of total exports. Moreover, salicylic acid exports to Ghana exceeded the volume sent to the second major destination, Nigeria (X tonnes), threefold. The third position in this ranking was occupied by Sierra Leone (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Ghana amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+X% per year) and Sierra Leone (+X% per year).

In value terms, the largest markets for salicylic acid exported from the UK were Ghana ($X), Sierra Leone ($X) and Nigeria ($X), together comprising X% of total exports.

In terms of the main countries of destination, Sierra Leone (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average salicylic acid export price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the salicylic acid export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2016 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 reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Gambia ($X per tonne), while the average price for exports to South Africa ($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 Sierra Leone, while the prices for the other major destinations experienced more modest paces of growth.

Salicylic Acid Imports

Imports into the UK

In 2018, the amount of salicylic acid and its salts imported into the UK amounted to X tonnes, jumping by X% against the previous year. Over the period under review, salicylic acid imports, however, continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, salicylic acid imports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, salicylic acid imports amounted to $X in 2018. In general, salicylic acid imports, however, continue to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, salicylic acid imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

The average salicylic acid import price stood at $X per tonne in 2018, falling by -X% against the previous year. Overall, the salicylic acid import price, however, continues to indicate a tangible increase. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for salicylic acid and its salts attained their maximum at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, 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 the UK. 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:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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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