Finland - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Finland - 2023
Contents:
- Adipic Acid Price in Finland (CIF) - 2023
- Adipic Acid Price in Finland (FOB) - 2022
- Adipic Acid Imports in Finland
- Adipic Acid Exports in Finland
Adipic Acid Price in Finland (CIF) - 2023
The average adipic acid import price stood at $2,058 per ton in May 2023, waning by -8.1% against the previous month. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 7.4% m-o-m. The import price peaked at $2,922 per ton in July 2022; however, from August 2022 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($2,062 per ton), while the price for Belgium amounted to $2,045 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.0%).
Adipic Acid Price in Finland (FOB) - 2022
In 2022, the average adipic acid export price amounted to $2,774 per ton, which is down by -8.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 an increase of 20%. Over the period under review, the average export prices reached the maximum at $3,019 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Belarus.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +0.9% per year.
Adipic Acid Imports in Finland
In 2022, purchases abroad of adipic acid, its salts and esters decreased by -5.5% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24%.
In value terms, adipic acid imports skyrocketed to $4.1M in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Adipic Acid in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,795 | 2,077 | 2,135 | 2,230 | 7.5% |
| France | 57.7 | 49.4 | 993 | 1,795 | 214.5% |
| Belgium | 102 | 61.9 | 0.1 | N/A | -96.9% |
| Others | 76.6 | 32.9 | 86.4 | 33.5 | -24.1% |
| Total | 2,031 | 2,221 | 3,214 | 4,058 | 26.0% |
Top Suppliers of Adipic Acid to Finland in 2022:
- Belgium (undefined tons)
- Germany (886.9 tons)
- France (714.4 tons)
Adipic Acid Exports in Finland
For the third consecutive year, Finland recorded decline in shipments abroad of adipic acid, its salts and esters, which decreased by -98.2% to 31 kg in 2022. Overall, exports saw a precipitous descent. The smallest decline of -35.8% was in 2020.
In value terms, adipic acid exports reduced remarkably to $86 in 2022. In general, exports continue to indicate a sharp downturn. The smallest decline of -36.8% was in 2020.
| Export of Adipic Acid in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 0.1 | 0% |
| Czech Republic | 43.4 | 30.0 | 5.3 | N/A | -65.1% |
| Others | 4.1 | N/A | N/A | N/A | 0% |
| Total | 47.4 | 30.0 | 5.3 | 0.1 | -87.2% |
Top Export Markets for Adipic Acid from Finland in 2022:
- Belarus (31.0 kg)
This report provides an in-depth analysis of the adipic acid market in Finland. 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 20143385 - Adipic acid, its salts and esters
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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
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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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