Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $16,667 per ton in 2022, rising by 178% against the previous year. In general, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +41.4% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel
In 2022, overseas purchases of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses decreased by -64.1% to 60 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 240%. As a result, imports attained the peak of 3.1 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $1K in 2022. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 233%. As a result, imports attained the peak of $10K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.4 | 0.2 | 0.2 | 1.0 | 35.7% |
| Spain | 0.1 | 1.8 | 0.4 | N/A | 100.0% |
| United Kingdom | 0.4 | 0.5 | 0.1 | N/A | -50.0% |
| United States | 1.9 | 7.2 | 0.2 | N/A | -67.6% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 3.0 | 10.0 | 1.0 | 1.0 | -30.7% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Israel in 2022:
- Belgium (60.0 kg)
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