Report Update Nov 1, 2024

Luxembourg - Phthalic Anhydride, Terephthalic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Phthalic Anhydride, Terephthalic Acid And Its Salts 2024

Market Size for Phthalic Anhydride, Terephthalic Acid And Its Salts in Luxembourg

In 2021, after two years of decline, there was significant growth in the Luxembourg market for phthalic anhydride, terephthalic acid and its salts, when its value increased by 9.8% to $X. Overall, consumption, however, continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Phthalic Anhydride, Terephthalic Acid And Its Salts in Luxembourg

In value terms, phthalic anhydride and terephthalic acid production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 60% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Phthalic Anhydride, Terephthalic Acid And Its Salts

Exports from Luxembourg

In 2021, approx. less than X kg of phthalic anhydride, terephthalic acid and its salts were exported from Luxembourg; flattening at 2020 figures. In general, exports showed a relatively flat trend pattern.

In value terms, phthalic anhydride and terephthalic acid exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Imports of Phthalic Anhydride, Terephthalic Acid And Its Salts

Imports into Luxembourg

In 2017, the amount of phthalic anhydride, terephthalic acid and its salts imported into Luxembourg stood at X kg, remaining relatively unchanged against the previous year. Overall, imports saw a precipitous shrinkage. The smallest decline of 99.9% was in 2016. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2017, imports failed to regain momentum.

In value terms, phthalic anhydride and terephthalic acid imports stood at $X in 2017. In general, imports faced a sharp reduction. The smallest decline of 99.9% was in 2016. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, the Netherlands (X kg) was the main phthalic anhydride and terephthalic acid supplier to Luxembourg, accounting for a approx. 100% share of total imports.

From 2015 to 2017, the average annual rate of growth in terms of volume from the Netherlands amounted to -99.4%.

In value terms, the Netherlands ($X) constituted the largest supplier of phthalic anhydride, terephthalic acid and its salts to Luxembourg.

From 2015 to 2017, the average annual rate of growth in terms of value from the Netherlands totaled -99.5%.

Import Prices by Country

In 2017, the average import price for phthalic anhydride, terephthalic acid and its salts amounted to $X per ton, leveling off at the previous year. In general, the import price saw a deep slump. The pace of growth appeared the most rapid in 2016 a decrease of 99.9% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2017, import prices failed to regain momentum.

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

From 2015 to 2017, the rate of growth in terms of prices for the Netherlands amounted to -17.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phthalic anhydride, terephthalic acid and its salts in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 39% of global consumption. Pakistan, Turkey, Taiwan Chinese), Russia, Brazil, South Korea, Indonesia, Mexico, Vietnam and Oman lagged somewhat behind, together comprising a further 31%.

What are the largest producers of phthalic anhydride, terephthalic acid and its salts in the world?

China remains the largest phthalic anhydride and terephthalic acid producing country worldwide, comprising approx. 22% of total volume. Moreover, phthalic anhydride and terephthalic acid production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.3% share.

What are the leading suppliers of phthalic anhydride, terephthalic acid and its salts to Luxembourg?

In value terms, Mexico constituted the largest supplier of phthalic anhydride and terephthalic acid to Luxembourg.

What are the leading importers of phthalic anhydride, terephthalic acid and its salts from Luxembourg?

In value terms, France remains the key foreign market for phthalic anhydride and terephthalic acid exports from Luxembourg.

What is the average export price for phthalic anhydride, terephthalic acid and its salts in Luxembourg?

In 2017, the average export price for phthalic anhydride, terephthalic acid and its salts amounted to $740 per ton, rising by 7.7% against the previous year.

What is the average import price for phthalic anhydride, terephthalic acid and its salts in Luxembourg?

In 2019, the average import price for phthalic anhydride, terephthalic acid and its salts amounted to $520 per ton, dropping by -7.2% against the previous year.

This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid 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 20143430 - Phthalic anhydride, terephthalic acid and its salts

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