Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,676 per ton, with an increase of 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8,668 per ton), while the price for the Netherlands ($2,129 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (FOB) - 2022
In 2021, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,996 per ton, rising by 6.6% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses increased by +110.0% against 2014 indices. The most prominent rate of growth was recorded in 2020 an increase of 28%. The export price peaked in 2021 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Croatia ($26,000 per ton), while the average price for exports to Slovenia ($1,563 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses was finally on the rise to reach 200 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep downturn.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $535K in 2022. Overall, imports, however, showed a abrupt contraction.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 86.3 | 65.8 | 124 | 196 | 31.4% |
| Netherlands | 109 | 83.5 | 125 | 172 | 16.4% |
| United Kingdom | 5.5 | 14.6 | 22.5 | 77.8 | 141.8% |
| China | 253 | 111 | 23.3 | 37.8 | -46.9% |
| Italy | 42.7 | 23.1 | 12.5 | 15.7 | -28.4% |
| Greece | N/A | N/A | N/A | 8.0 | 0% |
| Sweden | N/A | 21.3 | 32.8 | N/A | 54.0% |
| Slovenia | 96.6 | 29.5 | 11.0 | N/A | -66.3% |
| Others | 32.8 | 21.1 | 42.1 | 27.7 | -5.5% |
| Total | 626 | 370 | 394 | 535 | -5.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Austria in 2022:
- Netherlands (81.0 tons)
- Germany (79.0 tons)
- China (15.5 tons)
- United Kingdom (11.9 tons)
- Italy (6.0 tons)
- Greece (3.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria
In 2021, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses exported from Austria skyrocketed to 61 tons, with an increase of 89% on the year before. Overall, total exports indicated a buoyant increase from 2019 to 2021: its volume increased at an average annual rate of +9.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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; propionic acid, its salts and esterses soared to $183K in 2021. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 76.8 | 15.7 | 130 | 30.1% | |
| Poland | 3.7 | 8.0 | 40.9 | 232.5% | |
| Slovenia | 22.6 | 26.2 | 1.6 | -73.4% | |
| France | N/A | 32.6 | N/A | 0% | |
| Others | 8.8 | 8.6 | 10.2 | 7.7% | |
| Total | 112 | 90.9 | 183 | 27.8% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Austria in 2022:
- Germany (41.8 tons)
- Poland (17.6 tons)
- Slovenia (1.0 tons)
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