Report Update Nov 1, 2024

Luxembourg - Oleic, Linoleic or Linolenic Acids, Their Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2024

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Luxembourg

For the eighth consecutive year, the Luxembourg market for oleic, linoleic or linolenic acids, their salts and esters recorded growth in sales value, which increased by 1% to $X in 2021. In general, consumption enjoyed a measured expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Production of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Luxembourg

In value terms, oleic, linoleic or linolenic acids production shrank to $X in 2021 estimated in export price. In general, production, however, showed strong growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 35%. Oleic, linoleic or linolenic acids production peaked at $X in 2020, and then reduced slightly in the following year.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports from Luxembourg

In 2021, overseas shipments of oleic, linoleic or linolenic acids, their salts and esters decreased by -99.7% to X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 716%. The exports peaked at X tons in 2020, and then fell sharply in the following year.

In value terms, oleic, linoleic or linolenic acids exports contracted notably to $X in 2021. Over the period under review, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 761% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) and France (X kg) were the main destinations of oleic, linoleic or linolenic acids exports from Luxembourg.

From 2017 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +18.9%).

In value terms, France ($X) emerged as the key foreign market for oleic, linoleic or linolenic acids, their salts and esters exports from Luxembourg, comprising 80% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total exports.

From 2017 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2021, the average export price for oleic, linoleic or linolenic acids, their salts and esters amounted to $X per ton, surging by 14% against the previous year. Overall, the export price, however, faced a deep contraction. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-11.6%).

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports into Luxembourg

In 2021, oleic, linoleic or linolenic acids imports into Luxembourg skyrocketed to X tons, surging by 190% on the year before. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 393% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, oleic, linoleic or linolenic acids imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 426%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) was the main supplier of oleic, linoleic or linolenic acids to Luxembourg, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at -6.6%.

In value terms, Belgium ($X) constituted the largest supplier of oleic, linoleic or linolenic acids, their salts and esters to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at -2.7%.

Import Prices by Country

The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $X per ton in 2021, picking up by 6.2% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 240% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

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 Germany amounted to +9.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oleic, linoleic or linolenic acids, their salts and esters in the world?

China constituted the country with the largest volume of oleic, linoleic or linolenic acids consumption, comprising approx. 22% of total volume. Moreover, oleic, linoleic or linolenic acids consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of oleic, linoleic or linolenic acids, their salts and esters in the world?

China remains the largest oleic, linoleic or linolenic acids producing country worldwide, accounting for 25% of total volume. Moreover, oleic, linoleic or linolenic acids production in China exceeded the figures recorded by the second-largest producer, India, twofold. Italy ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of oleic, linoleic or linolenic acids, their salts and esters to Luxembourg?

In value terms, Belgium constituted the largest supplier of oleic, linoleic or linolenic acids to Luxembourg.

What is the average export price for oleic, linoleic or linolenic acids, their salts and esters in Luxembourg?

The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $2,525 per ton in 2021, approximately mirroring the previous year.

What is the average import price for oleic, linoleic or linolenic acids, their salts and esters in Luxembourg?

The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $3,844 per ton in 2021, picking up by 5.9% against the previous year.

This report provides an in-depth analysis of the market for oleic, linoleic or linolenic 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 20143350 - Oleic, linoleic or linolenic acids, their 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