Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Estonia - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Estonia (CIF) - 2022
2. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Estonia

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Estonia (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $17,316 per ton, declining by -87.9% against the previous year. Over the period under review, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs at $161,161 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($92,328 per ton), while the price for Latvia ($2,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.6%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Estonia

In 2022, approx. 1.1 tons of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses were imported into Estonia; increasing by 689% on 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted slightly to $19K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports attained the peak of $20K, and then dropped slightly in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Estonia in 2022:

1. Latvia (936.0 kg)
2. Germany (183.0 kg)
3. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform