Report Update Nov 1, 2024

Luxembourg - Salts of Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Salts Of Acetic Acid 2024

Market Size for Salts Of Acetic Acid in Luxembourg

The Luxembourg salts of acetic acid market skyrocketed to $X in 2022, increasing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a strong increase. Salts of acetic acid consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Salts Of Acetic Acid

Exports from Luxembourg

For the third consecutive year, Luxembourg recorded growth in overseas shipments of salts of acetic acid, which increased by 106% to X kg in 2022. Overall, exports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 350%. Over the period under review, the exports reached the peak figure at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, salts of acetic acid exports declined sharply to $X in 2022. Over the period under review, exports, however, saw a deep setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for salts of acetic acid exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to -7.3%.

In value terms, the Netherlands ($X) also remains the key foreign market for salts of acetic acid exports from Luxembourg.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +31.0%.

Export Prices by Country

The average salts of acetic acid export price stood at $X per ton in 2022, reducing by -61% against the previous year. Overall, the export price saw a noticeable descent. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +583.1% per year.

Imports of Salts Of Acetic Acid

Imports into Luxembourg

In 2022, approx. X tons of salts of acetic acid were imported into Luxembourg; growing by 13% on the previous year. Over the period under review, imports saw a notable increase. The pace of growth appeared the most rapid in 2021 with an increase of 265%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, salts of acetic acid imports surged to $X in 2022. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 375%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Belgium (X tons), the UK (X tons) and France (X tons) were the main suppliers of salts of acetic acid imports to Luxembourg, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +20.9%), while imports for the other leaders experienced a decline.

In value terms, the UK ($X), Belgium ($X) and France ($X) were the largest salts of acetic acid suppliers to Luxembourg, with a combined 100% share of total imports.

Belgium, with a CAGR of +19.4%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average salts of acetic acid import price amounted to $X per ton, surging by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salts of acetic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global consumption. Japan, Russia, Brazil, Germany, Mexico, Democratic Republic of the Congo, Thailand and France lagged somewhat behind, together comprising a further 26%.

What are the largest producers of salts of acetic acid in the world?

China constituted the country with the largest volume of salts of acetic acid production, comprising approx. 33% of total volume. Moreover, salts of acetic acid production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of salts of acetic acid to Luxembourg?

In value terms, the UK constituted the largest supplier of salts of acetic acid to Luxembourg, comprising 73% of total imports. The second position in the ranking was occupied by Belgium, with a 24% share of total imports.

What are the leading importers of salts of acetic acid from Luxembourg?

In value terms, Germany $79) remains the key foreign market for salts of acetic acid exports from Luxembourg.

What is the average export price for salts of acetic acid in Luxembourg?

In 2021, the average salts of acetic acid export price amounted to $16,729 per ton, declining by -4.1% against the previous year.

What is the average import price for salts of acetic acid in Luxembourg?

The average salts of acetic acid import price stood at $2,826 per ton in 2021, jumping by 31% against the previous year.

This report provides an in-depth analysis of the market for salts of acetic 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 20143278 - Salts of acetic acid

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