EU: Market for Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts 2024

Market Size for Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts in the EU

In 2022, the EU market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts in the EU

In value terms, production of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts

Exports in the EU

In 2022, overseas shipments of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts expanded modestly to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) and the Netherlands (X tons) represented roughly X% of total exports in 2022. Germany (X tons) held the next position in the ranking, followed by Belgium (X tons) and France (X tons). All these countries together held near X% share of total exports. The following exporters - Spain (X tons) and the Czech Republic (X tons) - each resulted at a X% share of total exports.

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

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Belgium, France, Spain and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Italy ($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 (X%), while the other leaders experienced more modest paces of growth.

Imports of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts

Imports in the EU

Imports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts fell to X tons in 2022, waning by X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, imports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts rose modestly to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Germany (X tons) and Italy (X tons) represented roughly X% of total imports in 2022. The Netherlands (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Belgium (X%), Spain (X%) and Sweden (X%).

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, France, Spain and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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