Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $19,211 per ton, increasing by 34% against the previous year. Over the period under review, the import price posted a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 85%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
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 France ($80,417 per ton), while the price for Italy ($17,540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria
In 2022, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Algeria shrank to 559 kg, dropping by -12.1% against 2021 figures. In general, imports faced a sharp decline.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids surged to $11K in 2022. Over the period under review, imports showed a sharp setback.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 22.9 | 16.8 | 7.2 | 9.3 | -25.9% |
| France | 1.7 | 1.4 | 1.3 | 1.0 | -16.2% |
| China | 5.9 | 2.2 | 0.5 | 0.3 | -63.0% |
| Others | 1.3 | 0.5 | 0.1 | 0.1 | -57.5% |
| Total | 31.8 | 20.9 | 9.1 | 10.7 | -30.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Algeria in 2022:
- Italy (533.0 kg)
- China (12.0 kg)
- France (12.0 kg)
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