Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $822 per ton, falling by -2.6% against the previous year. Overall, the import price showed a perceptible descent. The growth pace was the most rapid in 2013 when the average import price increased by 9.7% against the previous year. As a result, import price reached the peak level of $1,228 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 India ($19,169 per ton), while the price for the United Arab Emirates ($223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.3%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,355 per ton in 2020, dropping by -23.3% against the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 159%. As a result, the export price reached the peak level of $5,017 per ton. From 2018 to 2020, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2014 to 2020, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran

In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by 28% to 768 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep downturn.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $631K in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Iran in 2022:

1. South Korea (326.3 tons)
2. China (241.5 tons)
3. United Arab Emirates (91.7 tons)
4. Spain (84.0 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iran

In 2020, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Iran was estimated at 31 kg, with an increase of 6.9% on 2019. The total export volume increased at an average annual rate of +6.9% from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses reduced notably to $73 in 2020. In general, exports, however, recorded a drastic downturn.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Iran in 2022:

1. Armenia (31.0 kg)

Source: IndexBox Market Intelligence Platform