Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Estonia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Estonia (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Estonia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Estonia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,721 per ton, picking up by 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($46,800 per ton), while the price for the UK ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+64.4%), 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 Estonia
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Estonia dropped remarkably to 1 tons, declining by -75.4% against the previous year. Overall, imports continue to indicate a sharp shrinkage. The smallest decline of -55.3% was in 2020.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses declined remarkably to $2.8K in 2022. Over the period under review, imports continue to indicate a precipitous contraction. The smallest decline of -49% was in 2020.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.3 | 0.4 | 2.0 | 158.2% |
| Latvia | 10.8 | 14.1 | N/A | 0.6 | -61.8% |
| Germany | 7.9 | 0.2 | 0.4 | 0.2 | -70.6% |
| Finland | 17.3 | 4.0 | 7.0 | N/A | -36.4% |
| Others | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Total | 36.6 | 18.7 | 7.8 | 2.8 | -57.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Estonia in 2022:
- Netherlands (1004.0 kg)
- Latvia (25.0 kg)
- Germany (5.0 kg)
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