Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $5,161 per ton, jumping by 58% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids increased by +116.9% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($35,027 per ton), while the price for Italy ($3,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $3,831 per ton, picking up by 24% against the previous year. In general, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 97%. As a result, the export price attained the peak level of $9,134 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($7,642 per ton), while the average price for exports to Germany ($3,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria
In 2022, approx. 15 tons of acids; saturated acyclic monocarboxylic acids; esters of formic acids were imported into Austria; declining by -44.4% against 2021. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of 28 tons, and then dropped dramatically in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids dropped to $79K in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $90K, and then reduced in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.3 | 15.5 | 56.8 | 38.6 | 107.8% |
| United Kingdom | 3.0 | N/A | 19.0 | 11.8 | 57.9% |
| Germany | 48.4 | 35.5 | 7.1 | 11.5 | -38.1% |
| Spain | 0.9 | 1.9 | 3.8 | 8.4 | 110.5% |
| Switzerland | 5.0 | 6.5 | N/A | N/A | 30.0% |
| Others | 8.1 | 11.8 | 3.4 | 8.8 | 2.8% |
| Total | 69.8 | 71.2 | 90.0 | 79.2 | 4.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Austria in 2022:
- Italy (12.3 tons)
- United Kingdom (2.2 tons)
- Spain (0.4 tons)
- Germany (0.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids, when their volume decreased by -64.4% to 8.7 tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 827% against the previous year. As a result, the exports attained the peak of 25 tons, and then fell remarkably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids contracted sharply to $33K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 697% against the previous year. As a result, the exports attained the peak of $76K, and then contracted dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 6.5 | 73.0 | 22.7 | 86.9% |
| Switzerland | N/A | N/A | N/A | 7.3 | 0% |
| Romania | 4.2 | 3.0 | 2.8 | 3.4 | -6.8% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 4.3 | 9.5 | 76.0 | 33.4 | 98.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Austria in 2022:
- Germany (6.9 tons)
- Switzerland (1.4 tons)
- Romania (0.5 tons)
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