EU: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in the EU

In 2022, the EU saturated acyclic monocarboxylic acids market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Saturated Acyclic Monocarboxylic Acids in the EU

In value terms, saturated acyclic monocarboxylic acids production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of saturated acyclic monocarboxylic acids, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, saturated acyclic monocarboxylic acids exports expanded remarkably to $X in 2022. Overall, exports, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Belgium represented the key exporter of saturated acyclic monocarboxylic acids in the European Union, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Germany (X tons) ranks second in terms of the total exports with an X% share, followed by the Netherlands (X%). Spain (X tons), Italy (X tons), France (X tons) and Sweden (X tons) held a relatively small share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of saturated acyclic monocarboxylic acids. At the same time, France (X%), Italy (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Germany and Sweden experienced a relatively flat trend pattern. By contrast, Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest saturated acyclic monocarboxylic acids supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Belgium, saturated acyclic monocarboxylic acids exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in the EU

In 2022, after two years of growth, there was significant decline in supplies from abroad of saturated acyclic monocarboxylic acids, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, saturated acyclic monocarboxylic acids imports rose remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Belgium was the largest importer of saturated acyclic monocarboxylic acids in the European Union, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Germany (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons) and France (X tons), together generating a X% share of total imports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to saturated acyclic monocarboxylic acids imports into Belgium stood at X%. At the same time, the Netherlands (X%) and Poland (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. France, Germany and Italy experienced a relatively flat trend pattern. By contrast, Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Italy, Spain, France and Poland lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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