Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $12,002 per ton, falling by -2.4% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 788% against the previous year. Over the period under review, average import prices hit record highs at $37,538 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 China ($60,407 per ton), while the price for the United States ($11,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $27,000 per ton in 2022, surging by 59% against the previous year. Over the period under review, export price indicated a significant increase from 2021 to 2022: its price increased at an average annual rate of +58.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($37,400 per ton), while the average price for exports to Germany ($1,000 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+13.3%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland
Imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Ireland skyrocketed to 5.2 tons in 2022, increasing by 634% on the previous year's figure. Overall, imports saw a significant increase.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids soared to $62K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.0 | 48.6 | 6.2 | 55.0 | 47.9% |
| Germany | 0.5 | N/A | 0.5 | 3.5 | 91.3% |
| Belgium | N/A | 3.3 | 0.2 | 0.1 | -82.6% |
| Others | 1.0 | 2.7 | 1.7 | 3.6 | 53.3% |
| Total | 18.6 | 54.6 | 8.7 | 62.1 | 49.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Ireland in 2022:
- United States (5.0 tons)
- Germany (0.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids exported from Ireland surged to 7 kg, rising by 250% against the previous year's figure. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $189 in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ireland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Belgium | 33.0 | 187 | 466.7% | ||
| Netherlands | 1.0 | 1.0 | 0.0% | ||
| Germany | N/A | 1.0 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 34.0 | 189 | 455.9% | ||
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Ireland in 2022:
- Belgium (5.0 kg)
- Netherlands (1.0 kg)
- Germany (1.0 kg)
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