Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in the United Kingdom - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (CIF) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (FOB) - 2022
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $11,485 per ton, with an increase of 8% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($19,803 per ton), while the price for Italy ($2,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $6,082 per ton, picking up by 30% against the previous year. In general, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 58%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($11,131 per ton), while the average price for exports to the Philippines ($1,684 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 the United States (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK

In 2022, supplies from abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by 65% to 7.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $83M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.511.214.840.562.1%
Germany13.914.37.99.6-11.6%
United States1.82.42.18.869.7%
Spain10.89.76.85.8-18.7%
Italy2.32.41.33.515.0%
India1.01.50.62.026.0%
South Korea0.20.30.21.386.6%
Belgium1.92.53.20.4-40.5%
Netherlands2.83.11.80.2-58.5%
Others5.08.57.610.427.7%
Total49.355.846.482.718.8%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to the UK in 2022:

  1. China (3044.4 tons)
  2. Italy (1247.2 tons)
  3. Germany (742.5 tons)
  4. Spain (677.8 tons)
  5. India (530.2 tons)
  6. United States (446.3 tons)
  7. South Korea (115.9 tons)
  8. Belgium (38.7 tons)
  9. Netherlands (16.1 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK

In 2022, approx. 11K tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were exported from the UK; with a decrease of -36.2% compared with the previous year. Overall, exports showed a sharp decrease. The smallest decline of -2.4% was in 2020.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses declined notably to $67M in 2022. Over the period under review, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by 9.5%. As a result, the exports attained the peak of $81M, and then dropped markedly in the following year.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland2.33.321.821.5110.7%
Switzerland0.10.78.512.4398.7%
Germany16.712.59.810.7-13.8%
United States3.65.47.38.030.5%
Netherlands2.74.44.53.610.1%
France2.82.01.63.02.3%
Belgium5.84.44.21.3-39.3%
Philippines2.62.21.81.2-22.7%
Poland4.24.91.51.1-36.0%
Spain3.03.00.90.6-41.5%
Czech Republic5.94.91.90.3-63.0%
Russia2.82.80.9N/A-43.3%
Turkey6.15.52.6N/A-34.7%
Others19.018.013.73.2-44.8%
Total77.573.980.967.0-4.7%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from the UK in 2022:

  1. Germany (1968.4 tons)
  2. Ireland (1929.2 tons)
  3. Switzerland (1649.5 tons)
  4. Netherlands (1260.5 tons)
  5. United States (1074.4 tons)
  6. France (796.3 tons)
  7. Philippines (707.1 tons)
  8. Belgium (533.7 tons)
  9. Poland (306.2 tons)
  10. Spain (231.4 tons)
  11. Czech Republic (120.8 tons)
  12. Turkey (5.4 tons)
  13. Russia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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