Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $58,889 per ton in 2022, shrinking by -8.9% against the previous year. Overall, the import price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 57%. The import price peaked at $70,692 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Switzerland ($140,000 per ton), while the price for France ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan
For the third consecutive year, Kazakhstan recorded decline in purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses, which decreased by -41.9% to 18 kg in 2022. In general, imports faced a sharp shrinkage. The smallest decline of -20.5% was in 2021.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses reduced rapidly to $1.1K in 2022. Over the period under review, imports recorded a precipitous setback. The smallest decline of -27.3% was in 2020.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 199 | 139 | 97.0 | 919 | 66.5% |
| Switzerland | N/A | N/A | N/A | 140 | 0% |
| France | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Russia | 3,315 | 2,434 | 1,786 | N/A | -26.6% |
| China | 277 | 170 | 104 | N/A | -38.7% |
| Others | N/A | 13.0 | 16.0 | N/A | 23.1% |
| Total | 3,792 | 2,757 | 2,004 | 1,060 | -34.6% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Kazakhstan in 2022:
- Germany (16.0 kg)
- Switzerland (1.0 kg)
- France (1.0 kg)
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