United Kingdom - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tall Oil Fatty Acids in the UK - 2023
Contents:
- Price for Tall Oil Fatty Acids in the UK (CIF) - 2023
- Price for Tall Oil Fatty Acids in the UK (FOB) - 2022
- Imports of Tall Oil Fatty Acids in the UK
- Exports of Tall Oil Fatty Acids in the UK
Price for Tall Oil Fatty Acids in the UK (CIF) - 2023
The average tall oil fatty acids import price stood at $2,969 per ton in June 2023, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 21% m-o-m. The import price peaked at $2,973 per ton in March 2023; afterwards, it flattened through to June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the United States ($3,563 per ton) and Sweden ($3,124 per ton), while the price for France ($2,821 per ton) and Finland ($2,878 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tall Oil Fatty Acids in the UK (FOB) - 2022
In 2022, the average tall oil fatty acids export price amounted to $1,426 per ton, with a decrease of -7.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 65% against the previous year. The export price peaked at $3,357 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,578 per ton), while the average price for exports to the Netherlands ($1,160 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 Sweden (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tall Oil Fatty Acids in the UK
Tall oil fatty acids imports into the UK dropped remarkably to 8K tons in 2022, with a decrease of -23% on 2021. In general, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 85%. As a result, imports attained the peak of 10K tons, and then contracted notably in the following year.
In value terms, tall oil fatty acids imports shrank notably to $11M in 2022. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 144%. As a result, imports attained the peak of $15M, and then contracted significantly in the following year.
| Import of Tall Oil Fatty Acids in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | 1.0 | 6.5 | 4.4 | 144.8% |
| Netherlands | 3.3 | 2.3 | 5.4 | 3.7 | 3.9% |
| Finland | 3.0 | 2.2 | 2.0 | 1.6 | -18.9% |
| Germany | 0.3 | N/A | 0.5 | 0.4 | 10.1% |
| Belgium | 1.0 | N/A | N/A | 0.2 | -41.5% |
| New Zealand | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Others | 0.4 | 0.4 | 0.5 | 0.2 | -20.6% |
| Total | 8.7 | 6.3 | 15.3 | 10.8 | 7.5% |
Top Suppliers of Tall Oil Fatty Acids to the UK in 2022:
- France (3.4K tons)
- Netherlands (2.5K tons)
- Finland (1.4K tons)
- New Zealand (0.3K tons)
- Belgium (0.2K tons)
- Germany (0.1K tons)
Exports of Tall Oil Fatty Acids in the UK
Tall oil fatty acids exports from the UK skyrocketed to 2K tons in 2022, rising by 42% against 2021 figures. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 851% against the previous year. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tall oil fatty acids exports skyrocketed to $2.8M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 331% against the previous year. As a result, the exports reached the peak of $3.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Tall Oil Fatty Acids in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 108 | 1,249 | 160 | 787 | 93.9% |
| Spain | 119 | 278 | 398 | 644 | 75.6% |
| Saudi Arabia | 66.7 | 73.3 | 360 | 582 | 105.9% |
| Germany | 137 | 284 | 65.8 | 255 | 23.0% |
| Poland | 190 | 187 | 1.9 | 199 | 1.6% |
| Ireland | 39.2 | 42.5 | 62.8 | 102 | 37.5% |
| Brazil | 38.0 | 11.8 | 47.8 | 77.4 | 26.8% |
| Russia | N/A | 108 | 600 | N/A | 455.6% |
| India | N/A | 152 | N/A | N/A | 0% |
| Finland | N/A | 953 | 2.0 | N/A | -99.8% |
| Taiwan (Chinese) | N/A | N/A | 183 | N/A | 0% |
| Others | 112 | 153 | 262 | 171 | 15.1% |
| Total | 809 | 3,492 | 2,141 | 2,817 | 51.6% |
Top Export Markets for Tall Oil Fatty Acids from the UK in 2022:
- Netherlands (678.5 tons)
- Spain (499.7 tons)
- Saudi Arabia (427.1 tons)
- Germany (119.6 tons)
- Poland (77.1 tons)
- Ireland (54.9 tons)
- Brazil (42.0 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids in the UK. 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 20143150 - Industrial tall oil fatty acids
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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The growth rate reached its peak in December 2022, with a significant month-to-month increase of 57%. In terms of value, imports of Tall Oil Fatty Acids decreased to $1.6M in June 2023.
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