Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,010 per ton, reducing by -22.1% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 45%. The import price peaked at $3,334 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Mexico ($3,175 per ton), while the price for China ($2,010 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia

In 2022, approx. 148 tons of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses were imported into Bolivia; picking up by 117% against the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses skyrocketed to $326K in 2022. In general, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia43.882.492.416355.0%
Mexico4.6N/A18.776.7155.5%
China49.926.454.361.87.4%
SpainN/AN/A5.525.1356.4%
Argentina94.3N/AN/AN/A0%
Others5.32.5N/A0.3-61.6%
Total19811117132618.1%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Bolivia in 2022:

  1. Colombia (80.9 tons)
  2. China (30.8 tons)
  3. Mexico (24.1 tons)
  4. Spain (12.5 tons)

Source: IndexBox Market Intelligence Platform

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