Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $6,849 per ton, with an increase of 24% against the previous year. Over the period under review, the import price showed notable growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 130% against the previous year. As a result, import price attained the peak level of $7,751 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($11,012 per ton), while the price for France ($1,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $2,642 per ton in 2022, jumping by 195% against the previous year. In general, the export price recorded a resilient expansion. The export price peaked at $4,626 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,198 per ton), while the average price for exports to Germany ($415 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 Iceland (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Denmark contracted markedly to 9.5 tons, declining by -16.7% against the previous year's figure. In general, imports showed a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 11 tons, and then declined significantly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids expanded modestly to $65K in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.8 | 3.8 | 30.4 | 33.8 | 63.0% |
| Austria | 21.6 | 23.3 | 22.9 | 26.0 | 6.4% |
| Sweden | 2.8 | 2.8 | 3.1 | 2.7 | -1.2% |
| France | 5.7 | 5.0 | 6.4 | 1.9 | -30.7% |
| Others | 49.1 | 3.5 | 0.7 | 1.0 | -72.7% |
| Total | 86.9 | 38.4 | 63.4 | 65.4 | -9.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Denmark in 2022:
- Germany (5.4 tons)
- Austria (2.4 tons)
- France (1.4 tons)
- Sweden (0.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark
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 -70.5% to 17 tons. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,444%. As a result, the exports reached the peak of 57 tons, and then declined remarkably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids declined to $44K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 295%. As a result, the exports reached the peak of $51K, and then shrank in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 28.9 | 0% |
| Sweden | 5.4 | 10.1 | 3.3 | 4.3 | -7.3% |
| France | N/A | 0.2 | N/A | 3.9 | 341.6% |
| Germany | N/A | N/A | N/A | 3.6 | 0% |
| Finland | 0.1 | 2.6 | 7.9 | 2.2 | 180.2% |
| Iceland | N/A | N/A | 22.8 | N/A | 0% |
| Faroe Islands | N/A | N/A | 16.9 | N/A | 0% |
| Others | 1.4 | 0.1 | N/A | 1.4 | 0.0% |
| Total | 6.8 | 12.9 | 51.0 | 44.3 | 86.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Denmark in 2022:
- Germany (8.7 tons)
- Norway (5.4 tons)
- Sweden (1.1 tons)
- Finland (1.0 tons)
- France (0.5 tons)
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