Germany - Industrial Stearic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Stearic Acid Price in Germany - 2023
Contents:
- Industrial Stearic Acid Price in Germany (CIF) - 2023
- Industrial Stearic Acid Price in Germany (FOB) - 2023
- Industrial Stearic Acid Imports in Germany
- Industrial Stearic Acid Exports in Germany
Industrial Stearic Acid Price in Germany (CIF) - 2023
In June 2023, the average industrial stearic acid import price amounted to $1,713 per ton, declining by -2.9% against the previous month. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in September 2022 an increase of 3.3% month-to-month. As a result, import price attained the peak level of $2,013 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($1,971 per ton), while the price for Malaysia ($1,272 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced a decline.
Industrial Stearic Acid Price in Germany (FOB) - 2023
The average industrial stearic acid export price stood at $1,950 per ton in June 2023, flattening at the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.4% against the previous month. The export price peaked at $2,189 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In June 2023, the countries with the highest prices were Spain ($2,281 per ton) and Italy ($1,991 per ton), while the average price for exports to Belgium ($1,648 per ton) and the UK ($1,704 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Stearic Acid Imports in Germany
In 2022, after three years of growth, there was significant decline in purchases abroad of industrial stearic acid, when their volume decreased by -9.6% to 55K tons. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.5% against the previous year.
In value terms, industrial stearic acid imports soared to $110M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Industrial Stearic Acid in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 15.7 | 27.3 | 41.9 | 55.0 | 51.9% |
Belgium | 8.1 | 11.0 | 14.9 | 21.3 | 38.0% |
Sweden | 8.9 | 7.4 | 10.2 | 10.7 | 6.3% |
Italy | 4.8 | 4.3 | 7.8 | 9.4 | 25.1% |
Indonesia | 1.9 | 1.2 | 3.6 | 4.9 | 37.1% |
Malaysia | 2.8 | 1.9 | 3.5 | 4.6 | 18.0% |
Others | 2.9 | 1.6 | 2.7 | 3.9 | 10.4% |
Total | 45.1 | 54.6 | 84.6 | 110 | 34.6% |
Top Suppliers of Industrial Stearic Acid to Germany in 2022:
- Netherlands (30.6K tons)
- Belgium (9.7K tons)
- Sweden (5.1K tons)
- Italy (3.5K tons)
- Indonesia (2.2K tons)
- Malaysia (2.1K tons)
Industrial Stearic Acid Exports in Germany
For the third year in a row, Germany recorded decline in overseas shipments of industrial stearic acid, which decreased by -10.8% to 31K tons in 2022. Over the period under review, exports recorded a abrupt decline. The smallest decline of -1.4% was in 2021.
In value terms, industrial stearic acid exports surged to $66M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Industrial Stearic Acid in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 4.3 | 5.7 | 6.2 | 11.5 | 38.8% |
Czech Republic | 2.6 | 2.9 | 4.3 | 5.7 | 29.9% |
United Kingdom | 3.5 | 3.7 | 5.9 | 5.7 | 17.7% |
France | 3.2 | 3.7 | 4.7 | 5.4 | 19.1% |
Poland | 2.1 | 1.8 | 2.6 | 4.7 | 30.8% |
Netherlands | 3.1 | 3.1 | 4.1 | 4.5 | 13.2% |
Slovakia | 1.8 | 2.2 | 3.6 | 4.3 | 33.7% |
Italy | 0.7 | 1.2 | 6.5 | 4.2 | 81.7% |
Sweden | 3.6 | 2.2 | 2.0 | 3.6 | 0.0% |
Spain | 1.1 | 1.8 | 3.3 | 3.1 | 41.3% |
Austria | 1.7 | 1.6 | 1.6 | 1.8 | 1.9% |
Denmark | 1.8 | 1.2 | 0.4 | 0.7 | -27.0% |
Russia | 0.6 | 0.6 | 1.1 | 0.5 | -5.9% |
Others | 5.1 | 6.3 | 8.3 | 9.8 | 24.3% |
Total | 35.3 | 38.0 | 54.7 | 65.6 | 22.9% |
Top Export Markets for Industrial Stearic Acid from Germany in 2022:
- Belgium (6.0K tons)
- Czech Republic (2.9K tons)
- United Kingdom (2.7K tons)
- France (2.6K tons)
- Netherlands (2.5K tons)
- Poland (2.3K tons)
- Slovakia (2.2K tons)
- Italy (2.0K tons)
- Sweden (1.9K tons)
- Spain (1.3K tons)
- Austria (0.7K tons)
- Denmark (0.3K tons)
- Russia (0.3K tons)
This report provides an in-depth analysis of the industrial stearic acid market in Germany. 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 20143120 - Industrial stearic acid
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
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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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