Report Update Nov 1, 2024

Puerto Rico - Salicylic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Salicylic Acid Market 2024

Salicylic Acid Market Size in Puerto Rico

The Puerto Rican salicylic acid market totaled less than $X in 2021, therefore, remained relatively stable 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). In general, consumption recorded a relatively flat trend pattern.

Salicylic Acid Exports

Exports from Puerto Rico

In 2021, salicylic acid exports from Puerto Rico amounted to less than X kg, approximately equating the previous year. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, salicylic acid exports stood at less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons) represented the largest exporter of salicylic acid and its salts, committing 66% of total exports. France (X tons) ranks second in terms of the total exports with a 23% share, followed by Brazil (less than 0.1%). The following exporters - India (X tons) and Germany (X tons) - together made up 6.7% of total exports.

China was also the fastest-growing in terms of the salicylic acid and its salts exports, with a CAGR of +8.3% from 2012 to 2021. At the same time, India (+5.6%) and Germany (+3.5%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Brazil (-55.2%) illustrated a downward trend over the same period. France (+23 p.p.) and China (+12 p.p.) significantly strengthened its position in terms of the global exports, while Brazil saw its share reduced by -28.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest salicylic acid supplying countries from Puerto Rico were China ($X), France ($X) and India ($X), with a combined 76% share of total exports.

China, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+16.1%), while the other leaders experienced mixed trends in the export price figures.

Salicylic Acid Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of salicylic acid and its salts were imported into Puerto Rico; flattening at the year before. In general, imports showed a relatively flat trend pattern.

In value terms, salicylic acid imports stood at less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Imports by Country

India was the main importing country with an import of about X tons, which accounted for 46% of total imports. It was distantly followed by the United States (X tons), Mexico (X tons) and Germany (X tons), together making up a 21% share of total imports. The following importers - Thailand (X tons), Malaysia (X tons), Italy (X tons), the Netherlands (X tons), the UK (X tons), Brazil (X tons), Spain (X tons), Denmark (X tons) and France (X tons) - together made up 17% of total imports.

From 2012 to 2021, average annual rates of growth with regard to salicylic acid imports into India stood at +11.8%. At the same time, Brazil (+27.7%), Malaysia (+23.9%), the UK (+8.6%), the Netherlands (+7.2%), Denmark (+2.8%) and the United States (+1.6%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of +27.7% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, Italy (-1.1%), Spain (-2.3%), Thailand (-3.6%), Mexico (-5.9%) and France (-13.7%) illustrated a downward trend over the same period. India (+23 p.p.) and Malaysia (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while Germany, France, Thailand and Mexico saw its share reduced by -2.2%, -3.4%, -3.8% and -8.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported salicylic acid and its salts into Puerto Rico, comprising 32% of global imports. The second position in the ranking was taken by the United States ($X), with a 14% share of global imports. It was followed by Germany, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value in India stood at +12.9%. In the other countries, the average annual rates were as follows: the United States (+5.7% per year) and Germany (+2.5% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salicylic acid and its salts in the world?

India constituted the country with the largest volume of salicylic acid consumption, comprising approx. 42% of total volume. Moreover, salicylic acid consumption in India exceeded the figures recorded by the second-largest consumer, Spain, sixfold. Mexico ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of salicylic acid and its salts in the world?

China remains the largest salicylic acid producing country worldwide, accounting for 86% of total volume. Moreover, salicylic acid production in China exceeded the figures recorded by the second-largest producer, Spain, tenfold.

What are the leading suppliers of salicylic acid and its salts to Puerto Rico?

In value terms, India constitutes the largest market for imported salicylic acid and its salts into Puerto Rico, comprising 40% of global imports. The second position in the ranking was occupied by the United States, with an 11% share of global imports. It was followed by Mexico, with a 6.9% share.

What are the leading importers of salicylic acid and its salts from Puerto Rico?

In value terms, China remains the largest salicylic acid supplier from Puerto Rico, comprising 53% of global exports. The second position in the ranking was occupied by India, with a 19% share of global exports. It was followed by Germany, with a 15% share.

What is the average export price for salicylic acid and its salts in Puerto Rico?

The salicylic acid export price in Puerto Rico stood at $less than 0.1 per ton in 2020, almost unchanged from the previous year.

What is the average import price for salicylic acid and its salts in Puerto Rico?

The salicylic acid import price in Puerto Rico stood at $less than 0.1 per ton in 2020, almost unchanged from the previous year.

This report provides an in-depth analysis of the salicylic acid market in Puerto Rico. 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 21101030 - Salicylic acid and its salts

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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