Report Update Nov 1, 2024

Luxembourg - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Industrial Monocarboxylic Fatty Acids 2024

Market Size for Industrial Monocarboxylic Fatty Acids in Luxembourg

In 2021, after two years of growth, there was decline in the Luxembourg industrial monocarboxylic fatty acids market, when its value decreased by -3.5% to $X. Overall, consumption showed a perceptible shrinkage. The growth pace was the most rapid in 2020 when the market value increased by 4.4% against the previous year. Industrial monocarboxylic fatty acids consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Industrial Monocarboxylic Fatty Acids in Luxembourg

In value terms, industrial monocarboxylic fatty acids production dropped to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 with an increase of 36%. Industrial monocarboxylic fatty acids production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Luxembourg

In 2021, shipments abroad of industrial monocarboxylic fatty acids increased by 629% to X kg for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, saw a precipitous shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids exports surged to $X in 2021. In general, exports, however, recorded a sharp slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X kg) was the main destination for industrial monocarboxylic fatty acids exports from Luxembourg, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled -25.5%.

In value terms, Italy ($X) emerged as the key foreign market for industrial monocarboxylic fatty acids exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to -28.8%.

Export Prices by Country

In 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, picking up by 86% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +0.0% per year.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Luxembourg

After two years of decline, overseas purchases of industrial monocarboxylic fatty acids increased by 8.2% to X tons in 2021. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 13% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids imports surged to $X in 2021. The total import value increased at an average annual rate of +4.5% 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.

Imports by Country

In 2021, Belgium (X tons) was the main supplier of industrial monocarboxylic fatty acids to Luxembourg, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +4.4%.

In value terms, Belgium ($X) constituted the largest supplier of industrial monocarboxylic fatty acids to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +5.3%.

Import Prices by Country

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, surging by 37% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +0.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial monocarboxylic fatty acids in the world?

The country with the largest volume of industrial monocarboxylic fatty acids consumption was China, comprising approx. 18% of total volume. Moreover, industrial monocarboxylic fatty acids consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 7% share.

What are the largest producers of industrial monocarboxylic fatty acids in the world?

The countries with the highest volumes of industrial monocarboxylic fatty acids production in 2020 were Indonesia, China and the U.S., together comprising 38% of global production.

What are the leading suppliers of industrial monocarboxylic fatty acids to Luxembourg?

In value terms, Belgium constituted the largest supplier of industrial monocarboxylic fatty acids to Luxembourg.

What are the leading importers of industrial monocarboxylic fatty acids from Luxembourg?

In value terms, Belgium $57) remains the key foreign market for industrial monocarboxylic fatty acids exports from Luxembourg.

What is the average export price for industrial monocarboxylic fatty acids in Luxembourg?

The average industrial monocarboxylic fatty acids export price stood at $401 per ton in 2020, shrinking by -53.8% against the previous year.

What is the average import price for industrial monocarboxylic fatty acids in Luxembourg?

The average industrial monocarboxylic fatty acids import price stood at $1,072 per ton in 2020, picking up by 19% against the previous year.

This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Luxembourg. 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)

Country coverage:

Luxembourg

Data coverage:

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

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