Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland - 2023

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland (CIF) - 2022

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $72,378 per ton, dropping by -5.5% against the previous year. In general, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $130,186 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +2.4% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland

For the third consecutive year, Ireland recorded growth in purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses, which increased by 1,017% to 201 kg in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses skyrocketed to $15K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States0.41.314.5502.1%
OthersN/A0.1N/A0%
Total0.41.414.5502.1%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Ireland in 2022:

  1. United States (201.0 kg)

Source: IndexBox Market Intelligence Platform

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