Report Update Nov 1, 2024

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

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

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

In 2021, after four years of decline, there was growth in the Uzbek market for palmitic acid, stearic acid, their salts and esters, when its value increased by 1.4% to $X. Overall, consumption showed a pronounced setback. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

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

In value terms, production of palmitic acid, stearic acid, their salts and esters totaled $X in 2021 estimated in export price. In general, production, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of 25%. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

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

Exports from Uzbekistan

In 2021, the amount of palmitic acid, stearic acid, their salts and esters exported from Uzbekistan amounted to X kg, standing approx. at 2020. In general, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of palmitic acid, stearic acid, their salts and esters totaled $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2021 to 2021, the average annual rate of growth in terms of volume to Kazakhstan was relatively modest.

From 2021 to 2021, the average annual growth rate of value to Kazakhstan was relatively modest.

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

Imports into Uzbekistan

In 2021, supplies from abroad of palmitic acid, stearic acid, their salts and esters decreased by -10.7% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of 57% against the previous year. Imports peaked at X tons in 2020, and then dropped in the following year.

In value terms, imports of palmitic acid, stearic acid, their salts and esters skyrocketed to $X in 2021. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 58% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Turkey (X tons) and South Korea (X tons) were the main suppliers of imports of palmitic acid, stearic acid, their salts and esters to Uzbekistan, together comprising 76% of total imports.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +85.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of palmitic acid, stearic acid, their salts and esters to Uzbekistan, comprising 51% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Turkey, with a 17% share.

From 2017 to 2021, the average annual rate of growth in terms of value from South Korea amounted to +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+79.1% per year) and Turkey (+44.2% per year).

Import Prices by Country

The average import price for palmitic acid, stearic acid, their salts and esters stood at $X per ton in 2021, increasing by 43% against the previous year. Over the period under review, import price indicated a tangible expansion from 2017 to 2021: its price increased at an average annual rate of +3.6% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for palmitic acid, stearic acid, their salts and esters increased by +54.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+39.6%), 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 remains the largest palmitic acid, stearic acid, their salts and esters consuming country worldwide, 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, together comprising 44% of global production. Malaysia, the United States, Japan, Pakistan, Brazil, Germany, Italy, Singapore, Turkey and Mexico lagged somewhat behind, together accounting for a further 40%.

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

In value terms, the largest palmitic acid, stearic acid, their salts and esters suppliers to Uzbekistan were Turkey, Russia and China, with a combined 83% share of total imports. Italy and Malaysia lagged somewhat behind, together accounting for a further 12%.

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

In 2021, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $2,276 per ton, approximately mirroring the previous year.

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

The average import price for palmitic acid, stearic acid, their salts and esters stood at $1,842 per ton in 2021, surging by 22% against the previous year.

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

Uzbekistan

Data coverage:

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

Reasons to buy this report:

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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