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

Contents:

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

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

In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $7,964 per ton, surging by 19% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses increased by +45.1% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($35,635 per ton), while the price for India ($4,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $6,732 per ton, surging by 13% against the previous year. Overall, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 23%. The export price peaked at $10,832 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($26,511 per ton), while the average price for exports to France ($4,907 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 Austria (+8.7%), 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 Italy

In 2022, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into Italy contracted rapidly to 6K tons, falling by -26.2% compared with the previous year. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 8.2K tons, and then fell significantly in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses reduced to $48M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $55M, and then dropped in the following year.

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

1. China (3982.6 tons)
2. Belgium (492.0 tons)
3. Spain (480.3 tons)
4. Germany (425.4 tons)
5. Netherlands (266.5 tons)
6. Austria (258.9 tons)
7. France (64.2 tons)
8. India (36.9 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Italy

In 2022, after two years of decline, there was significant growth in overseas shipments of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume increased by 118% to 1.5K tons. Over the period under review, exports, however, continue to indicate a abrupt setback.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses soared to $10M in 2022. Overall, exports recorded a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Italy in 2022:

1. United States (393.8 tons)
2. China (365.7 tons)
3. France (113.1 tons)
4. South Korea (102.2 tons)
5. Germany (93.5 tons)
6. Spain (73.2 tons)
7. Indonesia (52.1 tons)
8. Hungary (44.0 tons)
9. Netherlands (39.7 tons)
10. Taiwan (Chinese) (39.3 tons)
11. Austria (39.3 tons)
12. India (23.8 tons)
13. Turkey (17.6 tons)

Source: IndexBox Market Intelligence Platform