Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Peru - 2022

Contents:

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

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

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $17,900 per ton, surging by 30% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $19,564 per ton in 2012; however, from 2013 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 Germany ($32,800 per ton), while the price for Spain ($11,640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Peru fell to 80 kg, reducing by -11.1% against the previous year. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses soared to $1.4K in 2022. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,8034911,003977-18.5%
SpainN/AN/AN/A2910%
GermanyN/AN/AN/A1640%
China250498233N/A-3.5%
OthersN/AN/AN/AN/A0%
Total2,0539891,2361,432-11.3%

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

  1. India (50.0 kg)
  2. Spain (25.0 kg)
  3. Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform

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