Report Update Nov 1, 2024

Tunisia - Glutamic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Tunisia: Glutamic Acid Market 2024

Glutamic Acid Market Size in Tunisia

The Tunisian glutamic acid market fell rapidly to $X in 2022, which is down by -20.5% against the previous year. Overall, consumption faced a abrupt descent. Glutamic acid consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Glutamic Acid Production in Tunisia

In value terms, glutamic acid production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 31% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Glutamic Acid Exports

Exports from Tunisia

In 2018, approx. less than X kg of glutamic acid and its salts were exported from Tunisia; declining by 99.9% against the previous year's figure. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -29.1% was in 2016. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2018, the exports remained at a lower figure.

In value terms, glutamic acid exports shrank remarkably to $X in 2018. In general, exports showed a significant curtailment. The smallest decline of -19.6% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2018, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for glutamic acid exports from Tunisia, accounting for a approx. 100% share of total exports.

From 2015 to 2017, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for glutamic acid and its salts exports from Tunisia.

From 2015 to 2017, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2017, the average glutamic acid export price amounted to $X per ton, growing by 28% against the previous year. Overall, export price indicated a significant increase from 2015 to 2017: its price increased at an average annual rate of +20.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, glutamic acid export price increased by +45.1% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, 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 0.0% per year.

Glutamic Acid Imports

Imports into Tunisia

In 2022, the amount of glutamic acid and its salts imported into Tunisia shrank to X tons, which is down by -13% compared with the year before. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 752% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, glutamic acid imports plummeted to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 702% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of glutamic acid imports to Tunisia, together comprising 64% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +25.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of glutamic acid and its salts to Tunisia, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Spain, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.6% per year) and Spain (-13.7% per year).

Import Prices by Country

In 2022, the average glutamic acid import price amounted to $X per ton, dropping by -11.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the average import price increased by 46%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the glutamic acid market in Tunisia. 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 21102020 - Glutamic acid and its salts

Country coverage:

Tunisia

Data coverage:

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