Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $5,507 per ton, increasing by 125% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $9,318 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($6,110 per ton), while the price for Germany amounted to $4,876 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $9,923 per ton in 2022, rising by 40% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 101%. As a result, the export price reached the peak level of $12,074 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($10,417 per ton), while the average price for exports to the Netherlands stood at $4,000 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.9%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia
Imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Slovakia expanded slightly to 2 tons in 2022, increasing by 4.6% compared with 2021 figures. In general, imports, however, recorded a abrupt decrease.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids soared to $11K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | N/A | 5.4 | 0% | |
| United Kingdom | N/A | N/A | 5.1 | 0% | |
| Czech Republic | N/A | 2.8 | 0.3 | -89.3% | |
| Austria | 0.8 | 1.8 | N/A | 125.0% | |
| Poland | 3.5 | N/A | N/A | 0% | |
| Others | 0.6 | N/A | N/A | 0% | |
| Total | 4.9 | 4.6 | 10.9 | 49.1% | |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Slovakia in 2022:
- Germany (1105.0 kg)
- United Kingdom (840.0 kg)
- Czech Republic (27.0 kg)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids exported from Slovakia contracted markedly to 13 kg, which is down by -59.4% on 2021. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 3,100%. As a result, the exports reached the peak of 32 kg, and then contracted dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids dropped dramatically to $129 in 2022. Over the period under review, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 3,683%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 301 | N/A | 87.0 | 125 | -25.4% |
| Netherlands | 25.0 | 6.0 | 140 | 4.0 | -45.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 326 | 6.0 | 227 | 129 | -26.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Slovakia in 2022:
- Czech Republic (12.0 kg)
- Netherlands (1.0 kg)
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