Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg - 2023

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg (CIF) - 2022
  2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg (CIF) - 2022

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $4,817 per ton, dropping by -45.8% against the previous year. In general, the import price, however, posted pronounced growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,215%. As a result, import price reached the peak level of $52,184 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Germany amounted to +3.8% per year.

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg

In 2022, approx. 1.1 tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were imported into Luxembourg; jumping by 85% against 2021 figures. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 7,213%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $5.2K in 2022. In general, imports showed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 11,991% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.2N/A1.22.7138.1%
FranceN/AN/A2.52.50.0%
Others4.2N/A1.5N/A-40.2%
Total4.4N/A5.25.25.7%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Luxembourg in 2022:

  1. Belgium (1083.0 kg)
  2. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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