Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Chile - 2024

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Chile (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Chile

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Chile (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $19,643 per ton in 2022, growing by 56% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 ($60,083 per ton), while the price for Italy ($11,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), 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 Chile

In 2022, approx. 619 kg of acids; saturated acyclic monocarboxylic acids; esters of formic acids were imported into Chile; waning by -53.1% on 2021. Over the period under review, imports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 0.8% against the previous year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids contracted rapidly to $12K in 2022. In general, imports faced a deep slump. The smallest decline of -3.9% was in 2021.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico6.54.47.93.6-17.9%
China2.03.82.42.23.2%
United States0.91.00.61.826.0%
France1.40.70.11.1-7.7%
Germany0.90.90.40.7-8.0%
Italy0.80.80.90.6-9.1%
Spain3.83.01.50.5-49.1%
India1.90.30.30.1-62.5%
Others1.62.52.61.72.0%
Total20.017.316.612.2-15.2%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Chile in 2022:

  1. Mexico (241.0 kg)
  2. China (180.0 kg)
  3. United States (58.0 kg)
  4. Italy (48.0 kg)
  5. France (45.0 kg)
  6. Spain (17.0 kg)
  7. Germany (12.0 kg)
  8. India (4.0 kg)

Source: IndexBox Market Intelligence Platform

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