Report Update Nov 1, 2024

Luxembourg - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Luxembourg

In 2021, after four years of growth, there was decline in the Luxembourg o-acetylsalicylic acid market, when its value decreased by -1.7% to $X. Overall, consumption, however, showed a modest increase. Over the period under review, the market hit record highs at $X in 2020, and then fell modestly in the following year.

O-Acetylsalicylic Acid Production in Luxembourg

In value terms, o-acetylsalicylic acid production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 12%. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

O-Acetylsalicylic Acid Exports

Exports from Luxembourg

In 2019, shipments abroad of o-acetylsalicylic acid, its salts and esters decreased by -64.3% to X kg, falling for the second year in a row after six years of growth. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 85%. The exports peaked at X kg in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

In value terms, o-acetylsalicylic acid exports reduced rapidly to $X in 2019. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 65% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

From 2012 to 2019, the average annual growth rate of volume to No country was relatively modest.

In value terms, the Netherlands ($X) also remains the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Luxembourg.

From 2012 to 2019, the average annual growth rate of value to the Netherlands totaled -8.0%.

Export Prices by Country

In 2017, the average o-acetylsalicylic acid export price amounted to $X per ton, with a decrease of -6.9% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2016 a decrease of -2.2% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2017, the export prices stood at a somewhat lower figure.

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

From 2015 to 2017, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

O-Acetylsalicylic Acid Imports

Imports into Luxembourg

In 2019, supplies from abroad of o-acetylsalicylic acid, its salts and esters decreased by -66.7% to X kg, falling for the second year in a row after two years of decline. In general, imports recorded a dramatic setback. The growth pace was the most rapid in 2015 when imports increased by 100%. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, o-acetylsalicylic acid imports declined remarkably to $X in 2019. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 333%. As a result, imports reached the peak of $X. From 2016 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2019, the Netherlands (X kg) was the main supplier of o-acetylsalicylic acid to Luxembourg, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of o-acetylsalicylic acid, its salts and esters to Luxembourg, comprising 59% of total imports. The second position in the ranking was taken by the United States ($X), with a 26% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from Germany totaled -25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.6% per year) and the Netherlands (+4.2% per year).

Import Prices by Country

In 2019, the average o-acetylsalicylic acid import price amounted to $X per ton, with an increase of 50% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 117%. Over the period under review, average import prices hit record highs in 2019 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, together accounting for 36% of global consumption. These countries were followed by Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus, which together accounted for a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, with a combined 96% share of global production. Ecuador lagged somewhat behind, accounting for a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Luxembourg?

In value terms, Germany $16) constituted the largest supplier of o-acetylsalicylic acid to Luxembourg, comprising 59% of total imports. The second position in the ranking was occupied by the Netherlands $4), with a 15% share of total imports.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Luxembourg?

In 2017, the average o-acetylsalicylic acid export price amounted to $3,459 per ton, stabilizing at the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Luxembourg?

The average o-acetylsalicylic acid import price stood at $5,760 per ton in 2019, dropping by -21% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic acid market 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 21101050 - O-acetylsalicylic acid, its salts and esters

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
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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