United Kingdom - Aniline And Its Salts (Excluding Derivatives) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Aniline Price Declines to $1,588 per Ton, Fluctuating Wildly over 2022
United Kingdom Aniline Export Price in December 2022
In December 2022, the aniline price stood at $1,588 per ton (FOB, United Kingdom), declining by -2.7% against the previous month. In general, export price indicated a notable expansion from December 2021 to December 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, aniline export price decreased by -9.2% against October 2022 indices. The pace of growth was the most pronounced in August 2022 an increase of 28% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,749 per ton in October 2022; however, from November 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From December 2021 to December 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.7% per month.
United Kingdom Aniline Exports
In December 2022, approximately 17K tons of aniline and its salts (excluding derivatives) were exported from the UK; picking up by 32% on the previous month's figure. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in October 2022 when exports increased by 53% against the previous month. The exports peaked at 33K tons in December 2021; however, from January 2022 to December 2022, the exports stood at a somewhat lower figure.
In value terms, aniline exports skyrocketed to $27M (IndexBox estimates) in December 2022. In general, exports, however, recorded a noticeable setback. The pace of growth was the most pronounced in October 2022 with an increase of 85% month-to-month. Over the period under review, the exports hit record highs at 35K tons in January 2022; however, from February 2022 to December 2022, the exports stood at a somewhat lower figure.
United Kingdom Aniline Exports by Country
the Netherlands (17K tons) was the main destination for aniline exports from the UK, accounting for a approximately 100% share of total exports.
From December 2021 to December 2022, the average monthly growth rate of volume to the Netherlands totaled -5.2%.
In value terms, the Netherlands ($27M) also remains the key foreign market for aniline exports from the UK.
From December 2021 to December 2022, the average monthly rate of growth in terms of value to the Netherlands amounted to -1.7%.
Aniline Market Faces Downturn Due to Oversupply and Weaker Demand
Many factors have contributed to the price decline, including oversupply, weaker demand, and the global economic slowdown, which reduced demand for many chemical products.
Despite the current downturn, the aniline market is expected to rebound in the coming months. Some analysts predict that reduced production due to the global supply chain disruption could lead to tighter supply and potentially push prices up once more. Furthermore, many industries - including the automotive and construction sectors - rely heavily on aniline, which is used to make polyurethane foam and other essential products. Thus, it is likely that demand will pick up again as these industries recover.
It is important for businesses to remain vigilant and flexible during this time of market volatility. As aniline prices continue to fluctuate, it is essential to watch trends and adjust strategies accordingly. This may include diversifying supply sources, increasing efficiency in the production process, or exploring new markets. With careful planning and strategic foresight, businesses can weather the current market conditions and thrive in the years to come.
This report provides an in-depth analysis of the aniline 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 2030.
Product coverage:
- Prodcom 20144151 - Aniline and its salts (excluding derivatives)
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:
- 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
