Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $2,802 per ton, growing by 27% against the previous year. In general, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 85%. As a result, import price reached the peak level of $16,612 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -0.4% per year.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $16,420 per ton, standing approx. at the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 0.2% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($17,719 per ton), while the average price for exports to Spain totaled $15,532 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+75.3%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into the Czech Republic surged to 174 tons, with an increase of 40% against the previous year. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $488K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 113% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 174 | 287 | 256 | 469 | 39.2% |
| Austria | N/A | 88.3 | N/A | N/A | 0% |
| Others | 7.5 | 10.8 | 19.7 | 19.3 | 37.0% |
| Total | 181 | 386 | 275 | 488 | 39.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to the Czech Republic in 2022:
- United Kingdom (171.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic
After two years of decline, overseas shipments of acids; saturated acyclic monocarboxylic acids; esters of formic acids decreased by 0% to 955 kg in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2020.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $16K in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 34.6 | N/A | N/A | 9.3 | -35.5% |
| Belgium | N/A | N/A | N/A | 6.2 | 0% |
| Poland | 7.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 41.7 | N/A | N/A | 15.7 | -27.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from the Czech Republic in 2022:
- Spain (601.0 kg)
- Belgium (352.0 kg)
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