Italy: Market for Lauric Acid And Other Acids, Their Salts And Esters 2025

Market Size for Lauric Acid And Other Acids, Their Salts And Esters in Italy

In 2021, the Italian market for lauric acid and other acids, their salts and esters increased by 46% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Lauric Acid And Other Acids, Their Salts And Esters in Italy

In value terms, production of lauric acid and other acids, their salts and esters soared to $X in 2021 estimated in export price. Overall, production posted strong growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Lauric Acid And Other Acids, Their Salts And Esters

Exports from Italy

Exports of lauric acid and other acids, their salts and esters from Italy soared to X tons in 2021, with an increase of 55% against 2020 figures. Over the period under review, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lauric acid and other acids, their salts and esters surged to $X in 2021. Overall, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Germany (X tons) and China (X tons) were the main destinations of exports of lauric acid and other acids, their salts and esters from Italy, together accounting for 45% of total exports. France, Belgium, the United States, Mexico, Brazil, Taiwan (Chinese), Switzerland, Hong Kong SAR, India and Australia lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +184.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lauric acid and other acids, their salts and esters exported from Italy were Germany ($X), Spain ($X) and China ($X), together accounting for 44% of total exports. France, Belgium, the United States, Mexico, Brazil, Switzerland, Hong Kong SAR, Australia, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +154.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for lauric acid and other acids, their salts and esters amounted to $X per ton, picking up by 8.4% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 16%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lauric Acid And Other Acids, Their Salts And Esters

Imports into Italy

In 2021, imports of lauric acid and other acids, their salts and esters into Italy soared to X tons, increasing by 23% on 2020 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lauric acid and other acids, their salts and esters surged to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of imports of lauric acid and other acids, their salts and esters to Italy, with a combined 64% share of total imports. These countries were followed by Sweden, France, China, Belgium and Malaysia, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the largest lauric acid and other acids, their salts and esters suppliers to Italy, with a combined 62% share of total imports.

France, with a CAGR of +27.8%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average import price for lauric acid and other acids, their salts and esters amounted to $X per ton, growing by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. 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 2021, the country with the highest price was France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :