United Kingdom: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the UK

The UK market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped sharply to $X in 2022, with a decrease of -20.6% against the previous year. Over the period under review, consumption recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the UK

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 6.5%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from the UK

In 2022, shipments abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -29.7% to X tons, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 132% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced markedly to $X in 2022. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2013 when exports increased by 55% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons), Ghana (X tons) and Switzerland (X tons) were the main destinations of exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from the UK, together accounting for 45% of total exports. Spain, France, Denmark, Ireland, Brazil, the United States, Turkey, India, Belgium and Jordan lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +44.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from the UK were Colombia ($X), Spain ($X) and India ($X), with a combined 42% share of total exports. France, Ghana, Brazil, Turkey, Ireland, Jordan, Switzerland, Denmark, the United States and Belgium lagged somewhat behind, together accounting for a further 49%.

Jordan, with a CAGR of +36.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, picking up by 3.4% against the previous year. In general, the export price posted a moderate increase. The growth pace was the most rapid in 2018 an increase of 68%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Switzerland ($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 Turkey (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into the UK

In 2022, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid into the UK fell markedly to X tons, waning by -28.5% against the year before. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 39%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid declined significantly to $X in 2022. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 57%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Italy (X tons) and India (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to the UK, with a combined 95% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +6.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Turkey ($X) and India ($X) constituted the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to the UK, with a combined 92% share of total imports.

India, with a CAGR of +6.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, rising by 14% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +57.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38%. The import price peaked 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 Japan ($X per ton), while the price for India ($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 Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :