Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $11,409 per ton in April 2021, which is down by -5.6% against the previous month. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in March 2021 an increase of 647% against the previous month. The import price peaked at $17,879 per ton in January 2021; however, from February 2021 to April 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($14,356 per ton), while the price for Russia amounted to $6,532 per ton.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by Germany (+48.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,975 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 25% against the previous year. As a result, the export price reached the peak level of $5,369 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus
Imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Belarus skyrocketed to 60 tons in 2022, growing by 30% against the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $129K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.1 | 72.7 | 75.2 | 36.1 | -20.2% |
| Poland | 1.9 | 2.5 | 11.5 | 35.1 | 164.4% |
| Russia | 3.3 | 4.1 | 10.2 | 27.9 | 103.7% |
| Germany | 1.1 | 2.7 | 7.8 | 9.9 | 108.0% |
| Belgium | 0.6 | 0.1 | 2.5 | 7.6 | 133.1% |
| Lithuania | 0.1 | 1.1 | 3.4 | 2.2 | 180.2% |
| Others | 0.2 | 1.4 | 5.5 | 10.4 | 273.3% |
| Total | 78.2 | 84.6 | 116 | 129 | 18.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Belarus in 2022:
- Poland (22.2 tons)
- China (14.7 tons)
- Russia (10.9 tons)
- Belgium (5.4 tons)
- Germany (4.6 tons)
- Lithuania (0.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -19.4% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped dramatically to $4.8K in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.4 | 5.2 | 5.9 | 4.8 | 2.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 5.2 | 5.9 | 4.8 | 2.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Belarus in 2022:
- Russia (2.4 tons)
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