Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Chile - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Chile (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Chile
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Chile (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,158 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 12% against the previous year. The import price peaked at $2,247 per ton in 2013; afterwards, it flattened through to 2022.
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 the United States ($2,969 per ton), while the price for Sweden ($1,129 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 (+4.5%), 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 Chile
Imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Chile totaled 1K tons in 2022, surging by 9.8% on 2021 figures. The total import volume increased at an average annual rate of +9.8% 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 2021 when imports increased by 12% against the previous year. Over the period under review, imports of attained the maximum in 2022 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 soared to $2.3M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 639 | 410 | 537 | 795 | 7.6% |
| China | 141 | 254 | 425 | 596 | 61.7% |
| Colombia | 251 | 326 | 353 | 320 | 8.4% |
| Italy | 38.2 | 37.6 | 87.9 | 105 | 40.1% |
| Netherlands | 14.2 | 30.6 | 156 | 103 | 93.6% |
| United States | 265 | 124 | 95.9 | 89.3 | -30.4% |
| Sweden | 76.4 | 59.4 | 94.0 | 87.9 | 4.8% |
| Germany | 89.4 | 98.2 | 3.4 | 85.9 | -1.3% |
| Others | 58.3 | 131 | 88.2 | 70.7 | 6.6% |
| Total | 1,573 | 1,471 | 1,840 | 2,253 | 12.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Chile in 2022:
- China (350.7 tons)
- Canada (307.4 tons)
- Colombia (138.4 tons)
- Sweden (77.8 tons)
- Italy (46.3 tons)
- Netherlands (41.0 tons)
- Germany (37.1 tons)
- United States (30.1 tons)
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