Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $18,842 per ton in 2022, with an increase of 9.7% against the previous year. Overall, the import price, however, saw a dramatic contraction. The growth pace was the most rapid in 2016 an increase of 799%. The import price peaked at $191,000 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2013 to 2022, the rate of growth in terms of prices for Poland amounted to +21.7% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia
Imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Russia soared to 1 tons in 2022, picking up by 90% against 2021 figures. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 952% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $19K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 822%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | N/A | 8.9 | 18.8 | 472.9% |
| Spain | N/A | 1.0 | N/A | N/A | 0% |
| Canada | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 0.4 | 1.0 | 9.0 | 18.9 | 261.5% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Russia in 2022:
- India (1000.0 kg)
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