Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (CIF) - 2023
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (CIF) - 2023
In November 2023, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $5,506 per ton, jumping by 23% against the previous month. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 23% against the previous month. The import price peaked at $8,666 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($13,514 per ton), while the price for China amounted to $4,327 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $5,898 per ton, rising by 14% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses increased by +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($18,217 per ton), while the average price for exports to Germany ($5,457 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 Switzerland (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume decreased by -33% to 3.6K tons. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 216%.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses plummeted to $20M in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 150%.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 8.9 | 20.1 | 15.3 | 60.5% |
| Netherlands | 0.8 | 2.2 | 1.8 | 3.2 | 58.7% |
| France | 0.5 | 0.7 | 0.8 | 0.5 | 0.0% |
| Austria | 0.3 | 0.7 | 0.1 | 0.4 | 10.1% |
| Germany | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| India | 0.2 | 1.5 | 0.8 | 0.1 | -20.6% |
| Others | 0.5 | 1.3 | 0.3 | 0.2 | -26.3% |
| Total | 6.3 | 15.6 | 24.4 | 20.1 | 47.2% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Belgium in 2022:
- China (2869.5 tons)
- Netherlands (477.4 tons)
- France (85.9 tons)
- Austria (74.8 tons)
- Germany (48.6 tons)
- India (25.0 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium
In 2022, overseas shipments of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -14% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,168% against the previous year.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses declined to $17M in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 890%.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 6.0 | 5.6 | 5.4 | 138.1% |
| France | N/A | 1.6 | 2.8 | 2.9 | 34.6% |
| Italy | 0.1 | 0.7 | 1.5 | 2.8 | 203.7% |
| Netherlands | 0.3 | 1.7 | 3.1 | 1.8 | 81.7% |
| Spain | N/A | 0.2 | 1.4 | 1.7 | 191.5% |
| Switzerland | N/A | N/A | 0.5 | 1.0 | 100.0% |
| United Kingdom | 0.1 | 0.8 | 0.7 | 0.8 | 100.0% |
| Others | 0.1 | 0.7 | 2.0 | 0.7 | 91.3% |
| Total | 1.2 | 11.8 | 17.6 | 17.1 | 142.4% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Belgium in 2022:
- Germany (984.3 tons)
- France (521.5 tons)
- Italy (512.5 tons)
- Spain (301.7 tons)
- Netherlands (291.2 tons)
- United Kingdom (145.6 tons)
- Switzerland (54.6 tons)
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