U.S. - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in the United States - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in the United States (CIF) - 2022
- Price for Lauric Acid and Other Acids, Their Salts and Esters in the United States (FOB) - 2022
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in the United States
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in the United States
Price for Lauric Acid and Other Acids, Their Salts and Esters in the United States (CIF) - 2022
In 2022, the average import price for lauric acid and other acids, their salts and esters amounted to $4,524 per ton, declining by -75.7% against the previous year. Over the period under review, the import price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 155% against the previous year. Over the period under review, average import prices attained the maximum at $18,587 per ton in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($8,566 per ton), while the price for Indonesia ($2,852 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in the United States (FOB) - 2022
The average export price for lauric acid and other acids, their salts and esters stood at $4,896 per ton in 2022, surging by 20% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. As a result, the export price attained the peak level of $5,204 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($8,477 per ton), while the average price for exports to Belgium ($2,655 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 India (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in the United States
Imports of lauric acid and other acids, their salts and esters into the United States rose modestly to 88K tons in 2022, with an increase of 4.3% against the previous year. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of lauric acid and other acids, their salts and esters declined markedly to $400M in 2022. Overall, imports showed pronounced growth. The pace of growth was the most pronounced in 2021 when imports increased by 126%. As a result, imports reached the peak of $1.6B, and then contracted sharply in the following year.
| Import of Lauric Acid and Other Acids, Their Salts and Esters in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 102 | 488 | 892 | 70.0 | -11.8% |
| Netherlands | 30.7 | 25.1 | 34.7 | 44.6 | 13.3% |
| Germany | 64.4 | 38.2 | 40.0 | 44.0 | -11.9% |
| Indonesia | 8.9 | 13.3 | 424 | 42.3 | 68.1% |
| Mexico | 31.1 | 27.7 | 29.1 | 39.8 | 8.6% |
| France | 19.0 | 24.4 | 51.2 | 33.2 | 20.4% |
| Sweden | 13.7 | 7.7 | 10.7 | 26.2 | 24.1% |
| Japan | 25.0 | 22.2 | 21.4 | 12.9 | -19.8% |
| Others | 60.1 | 49.5 | 72.6 | 87.2 | 13.2% |
| Total | 355 | 696 | 1,575 | 400 | 4.1% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to the United States in 2022:
- Malaysia (15.6K tons)
- Indonesia (14.8K tons)
- Germany (12.0K tons)
- Netherlands (11.0K tons)
- Sweden (8.7K tons)
- Mexico (4.6K tons)
- France (4.0K tons)
- Japan (3.0K tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in the United States
For the fourth consecutive year, the United States recorded growth in overseas shipments of lauric acid and other acids, their salts and esters, which increased by 6.4% to 73K tons in 2022. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of lauric acid and other acids, their salts and esters skyrocketed to $358M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lauric Acid and Other Acids, Their Salts and Esters in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 25.9 | 36.2 | 50.6 | 49.7 | 24.3% |
| Belgium | 32.8 | 26.2 | 35.6 | 48.3 | 13.8% |
| Mexico | 21.8 | 20.6 | 27.1 | 46.5 | 28.7% |
| Singapore | 19.2 | 19.6 | 19.8 | 37.7 | 25.2% |
| India | 25.9 | 24.6 | 30.1 | 31.3 | 6.5% |
| Canada | 15.6 | 16.9 | 17.5 | 23.7 | 15.0% |
| China | 14.0 | 14.3 | 22.5 | 20.8 | 14.1% |
| South Korea | 9.0 | 9.2 | 7.3 | 7.2 | -7.2% |
| Others | 57.1 | 56.8 | 69.9 | 93.0 | 17.7% |
| Total | 221 | 224 | 280 | 358 | 17.4% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from the United States in 2022:
- Belgium (18.2K tons)
- Singapore (13.2K tons)
- Mexico (8.8K tons)
- Netherlands (8.4K tons)
- China (6.0K tons)
- Canada (3.7K tons)
- India (3.7K tons)
- South Korea (1.4K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in the U.S.. 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 20143280 - Lauric acid and others, salts and esters
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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