Overview of the Global Market for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Market Size for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

In 2023, after two years of growth, there was significant decline in the global market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Global consumption peaked at $X in 2022, and then contracted in the following year.

Production of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

In value terms, production of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters declined modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, global production of hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Exports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Exports

In 2023, overseas shipments of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters decreased by X% to X tons, falling for the second year in a row after seven years of growth. In general, total exports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The global exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters fell markedly to $X in 2023. Overall, total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the global exports of reached the peak figure at $X in 2022, and then contracted rapidly in the following year.

Exports by Country

In 2023, China (X tons) and the United States (X tons) represented the major exporters of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and estersacross the globe, together finishing at approx. X% of total exports. Germany (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%) and Belgium (X%). Sweden (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids supplying countries worldwide were the United States ($X), China ($X) and Germany ($X), with a combined X% share of global exports. The Netherlands, Belgium, Sweden and Poland lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2023, the average export price for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The global export price peaked at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other global leaders experienced more modest paces of growth.

Imports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Imports

In 2023, overseas purchases of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters decreased by X% to X tons for the first time since 2015, thus ending a seven-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Global imports peaked at X tons in 2022, and then reduced in the following year.

In value terms, imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters dropped dramatically to $X in 2023. Overall, total imports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked at $X in 2022, and then shrank significantly in the following year.

Imports by Country

The countries with the highest levels of imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters in 2023 were Belgium (X tons), the Netherlands (X tons), India (X tons) and the United States (X tons), together resulting at X% of total import. It was followed by Germany (X tons), constituting a X% share of total imports. Singapore (X tons), Italy (X tons), Turkey (X tons), Spain (X tons), Brazil (X tons), China (X tons), the UK (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids importing markets worldwide were the United States ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of global imports. India, Germany, Spain, France, Italy, Brazil, Singapore, the UK, China and Turkey lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2023, the average import price for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters amounted to $X per ton, reducing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform