Report Update Nov 1, 2024

Pakistan - Palmitic Acid, Stearic Acid, Their Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Market for Palmitic Acid, Stearic Acid, Their Salts And Esters 2024

Market Size for Palmitic Acid, Stearic Acid, Their Salts And Esters in Pakistan

In 2021, the Pakistani market for palmitic acid, stearic acid, their salts and esters increased by 5.2% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Production of Palmitic Acid, Stearic Acid, Their Salts And Esters in Pakistan

In value terms, production of palmitic acid, stearic acid, their salts and esters contracted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 25% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020, and then dropped in the following year.

Exports of Palmitic Acid, Stearic Acid, Their Salts And Esters

Exports from Pakistan

In 2021, approx. X tons of palmitic acid, stearic acid, their salts and esters were exported from Pakistan; picking up by 11% against the previous year. Overall, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by 2,186% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of palmitic acid, stearic acid, their salts and esters skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 1,263%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Ethiopia (X tons) was the main destination for exports of palmitic acid, stearic acid, their salts and esters from Pakistan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ethiopia totaled +72.3%.

In value terms, Ethiopia ($X) also remains the key foreign market for palmitic acid, stearic acid, their salts and esters exports from Pakistan.

From 2012 to 2021, the average annual growth rate of value to Ethiopia amounted to +90.2%.

Export Prices by Country

In 2021, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $X per ton, growing by 8.2% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 45% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Yemen amounted to +89.2% per year.

Imports of Palmitic Acid, Stearic Acid, Their Salts And Esters

Imports into Pakistan

In 2021, approx. X tons of palmitic acid, stearic acid, their salts and esters were imported into Pakistan; increasing by 431% compared with 2020 figures. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of palmitic acid, stearic acid, their salts and esters skyrocketed to $X in 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of imports of palmitic acid, stearic acid, their salts and esters to Pakistan, together accounting for 86% of total imports. These countries were followed by the Netherlands, which accounted for a further 3.1%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) constituted the largest supplier of palmitic acid, stearic acid, their salts and esters to Pakistan, comprising 53% of total imports. The second position in the ranking was taken by China ($X), with a 26% share of total imports. It was followed by the Netherlands, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.0% per year) and the Netherlands (+35.3% per year).

Import Prices by Country

In 2021, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $X per ton, waning by -14.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.1%), 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 palmitic acid, stearic acid, their salts and esters in the world?

China constituted the country with the largest volume of consumption of palmitic acid, stearic acid, their salts and esters, comprising approx. 23% of total volume. Moreover, consumption of palmitic acid, stearic acid, their salts and esters in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of palmitic acid, stearic acid, their salts and esters in the world?

The countries with the highest volumes of production of palmitic acid, stearic acid, their salts and esters in 2021 were China, India and Indonesia, with a combined 44% share of global production. Malaysia, the United States, Japan, Pakistan, Brazil, Germany, Italy, Singapore, Turkey and Mexico lagged somewhat behind, together comprising a further 40%.

What are the leading suppliers of palmitic acid, stearic acid, their salts and esters to Pakistan?

In value terms, Malaysia, China and India constituted the largest palmitic acid, stearic acid, their salts and esters suppliers to Pakistan, together comprising 68% of total imports.

What are the leading importers of palmitic acid, stearic acid, their salts and esters from Pakistan?

In value terms, China remains the key foreign market for palmitic acid, stearic acid, their salts and esters exports from Pakistan.

What is the average export price for palmitic acid, stearic acid, their salts and esters in Pakistan?

In 2021, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $2,014 per ton, remaining constant against the previous year.

What is the average import price for palmitic acid, stearic acid, their salts and esters in Pakistan?

In 2021, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $1,415 per ton, growing by 5.7% against the previous year.

This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Pakistan. 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 20143235 - Palmitic acid, stearic acid, their salts and esters

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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
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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