Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $6,469 per ton, reducing by -27% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2014 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs at $16,578 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67,006 per ton), while the price for Mexico ($3,236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.2%), 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 the Netherlands (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $5,302 per ton in 2022, falling by -20% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $14,489 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($33,530 per ton), while the average price for exports to Spain ($3,120 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 Poland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands
In 2022, approx. 250 tons of acids; saturated acyclic monocarboxylic acids; esters of formic acids were imported into the Netherlands; picking up by 159% on the year before. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $1.6M in 2022. In general, imports showed significant growth. 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 the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 38.6 | 87.0 | 463 | 1,062 | 201.9% |
| China | 428 | 397 | 252 | 290 | -12.2% |
| United States | 51.5 | 36.3 | N/A | 120 | 32.6% |
| Mexico | 1.8 | 21.1 | N/A | 55.8 | 214.1% |
| Germany | 46.2 | 61.2 | 55.4 | 32.8 | -10.8% |
| Belgium | 25.7 | 12.4 | 48.0 | 7.1 | -34.9% |
| Others | 8.0 | 25.3 | 38.8 | 51.7 | 86.3% |
| Total | 600 | 640 | 857 | 1,619 | 39.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to the Netherlands in 2022:
- United Kingdom (181.5 tons)
- China (40.8 tons)
- Mexico (17.2 tons)
- Germany (4.0 tons)
- United States (1.8 tons)
- Belgium (0.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands
In 2022, approx. 92 tons of acids; saturated acyclic monocarboxylic acids; esters of formic acids were exported from the Netherlands; declining by -22.6% compared with the previous year's figure. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 210% against the previous year. As a result, the exports attained the peak of 119 tons, and then declined significantly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids reduced rapidly to $487K in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports attained the peak of $787K, and then declined remarkably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 77.8 | 228 | 193.1% |
| Germany | 21.6 | 71.0 | 342 | 175 | 100.8% |
| Belgium | 18.5 | 17.6 | 66.3 | 12.9 | -11.3% |
| Italy | N/A | 30.3 | 24.5 | 7.2 | -51.3% |
| United Kingdom | 138 | 222 | 0.4 | 3.2 | -71.5% |
| Poland | 188 | 107 | 262 | 1.1 | -82.0% |
| United Arab Emirates | 58.1 | N/A | 0.1 | N/A | -95.9% |
| Others | 54.0 | 75.1 | 13.9 | 59.0 | 3.0% |
| Total | 478 | 523 | 787 | 487 | 0.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from the Netherlands in 2022:
- Spain (73.2 tons)
- Germany (11.9 tons)
- Italy (2.0 tons)
- Belgium (2.0 tons)
- United Kingdom (0.3 tons)
- Poland (0.1 tons)
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