Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $1,404 per ton, with a decrease of -7.5% against the previous year. Overall, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2019 an increase of 23%. The import price peaked at $1,835 per ton in 2014; however, from 2015 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 Norway ($13,278 per ton), while the price for Denmark ($1,248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+75.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $3,509 per ton in 2022, declining by -26.3% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2018 when the average export price increased by 219% against the previous year. The export price peaked at $16,232 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24,962 per ton), while the average price for exports to Norway ($2,707 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 Estonia (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden
In 2022, approx. 22 tons of acids; saturated acyclic monocarboxylic acids; esters of formic acids were imported into Sweden; waning by -10.4% on the previous year's figure. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 32%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids fell significantly to $31K in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 50%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 37.2 | 18.8 | 28.4 | 22.7 | -15.2% |
| Germany | 6.1 | 4.8 | 7.1 | 6.3 | 1.1% |
| Others | 0.1 | 1.0 | 1.6 | 1.7 | 157.1% |
| Total | 43.5 | 24.7 | 37.1 | 30.7 | -11.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Sweden in 2022:
- Denmark (18.2 tons)
- Germany (3.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden
Exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids from Sweden skyrocketed to 6.9 tons in 2022, growing by 228% compared with 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports reached 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 $24K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 157%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | 0.1 | 14.1 | 14000.0% |
| Estonia | 5.2 | 3.9 | 7.1 | 6.8 | 9.4% |
| United States | N/A | N/A | N/A | 3.2 | 0% |
| Denmark | 1.9 | N/A | 2.8 | N/A | 21.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.1 | 3.9 | 10.0 | 24.2 | 50.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Sweden in 2022:
- Norway (5.2 tons)
- Estonia (1.6 tons)
- United States (0.1 tons)
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