Luxembourg: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Luxembourg

The Luxembourg saturated acyclic monocarboxylic acids market fell notably to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in Luxembourg

In value terms, saturated acyclic monocarboxylic acids production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Saturated acyclic monocarboxylic acids production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Luxembourg

In 2022, after six years of decline, there was significant growth in overseas shipments of saturated acyclic monocarboxylic acids, when their volume increased by X% to X tons. Overall, exports saw a measured increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Luxembourg, with a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to France exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

In value terms, France ($X), Spain ($X) and Germany ($X) were the largest markets for saturated acyclic monocarboxylic acids exported from Luxembourg worldwide, together comprising X% of total exports.

Among the main countries of destination, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Luxembourg

In 2022, the amount of saturated acyclic monocarboxylic acids imported into Luxembourg contracted to X tons, declining by X% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids imports reduced to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Luxembourg, with a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Luxembourg, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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