Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $15,650 per ton, growing by 58% against the previous year. Over the period under review, the import price, however, showed a deep reduction. Over the period under review, average import prices reached the peak figure at $32,600 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($32,000 per ton), while the price for China ($13,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador
In 2022, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Ecuador expanded rapidly to 137 kg, increasing by 11% compared with the previous year's figure. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 237% against the previous year. As a result, imports attained the peak of 165 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $2.1K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 217% against the previous year. As a result, imports reached the peak of $2.9K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 123 | 1,094 | 278 | 1,049 | 104.3% |
| United States | 664 | 1,225 | 519 | 711 | 2.3% |
| India | 64.0 | 260 | 142 | 384 | 81.7% |
| Spain | 35.0 | 238 | 258 | N/A | 171.5% |
| Others | 18.0 | 45.0 | 25.0 | N/A | 17.9% |
| Total | 904 | 2,862 | 1,222 | 2,144 | 33.4% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Ecuador in 2022:
- China (75.0 kg)
- United States (50.0 kg)
- India (12.0 kg)
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