Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $4,553 per ton in 2022, growing by 11% against the previous year. Over the period under review, the import price showed a temperate increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 109% against the previous year. The import price peaked in 2022 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 Switzerland ($45,098 per ton), while the price for Belgium ($1,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.9%), 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 France (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $23,857 per ton, increasing by 72% against the previous year. Overall, the export price saw a prominent expansion. The growth pace was the most rapid in 2019 when the average export price increased by 577% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($71,236 per ton), while the average price for exports to Vietnam ($1,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+77.3%), 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 France
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses imported into France expanded sharply to 4.4K tons, surging by 5.9% against the year before. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 5.9%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses soared to $19M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 6.1 | 8.5 | 10.0 | 28.0% |
| Netherlands | 1.3 | 1.5 | 2.1 | 2.4 | 22.7% |
| Germany | 1.0 | 1.1 | 1.7 | 1.7 | 19.3% |
| Italy | 0.8 | 0.9 | 0.9 | 1.3 | 17.6% |
| Canada | 0.9 | 0.8 | 0.8 | 1.2 | 10.1% |
| Belgium | 0.6 | 0.9 | 1.0 | 0.9 | 14.5% |
| Hungary | 0.1 | 0.2 | 0.1 | 0.6 | 81.7% |
| United Kingdom | 1.2 | 1.1 | 0.1 | N/A | -71.1% |
| Others | 8.7 | 1.1 | 1.1 | 1.2 | -48.3% |
| Total | 14.8 | 13.5 | 16.4 | 19.2 | 9.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to France in 2022:
- Netherlands (1273.9 tons)
- Belgium (780.6 tons)
- Germany (752.6 tons)
- Canada (515.4 tons)
- Italy (410.9 tons)
- Switzerland (220.8 tons)
- Hungary (186.7 tons)
- United Kingdom (0.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France
In 2022, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses from France reduced dramatically to 213 tons, with a decrease of -34% on 2021. Over the period under review, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 13%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $5M in 2022. In general, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 9.1% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,924 | 2,286 | 2,328 | 1,767 | -15.5% |
| Spain | 741 | 705 | 896 | 1,009 | 10.8% |
| United States | 190 | 50.1 | 288 | 323 | 19.3% |
| Turkey | 27.4 | 82.2 | 20.7 | 296 | 121.1% |
| Italy | 148 | 129 | 195 | 279 | 23.5% |
| Algeria | 5.9 | N/A | 0.1 | 160 | 200.4% |
| Belgium | 128 | 122 | 139 | 103 | -7.0% |
| United Kingdom | 433 | 432 | 39.6 | 80.4 | -42.9% |
| Lebanon | N/A | N/A | N/A | 41.5 | 0% |
| Morocco | 12.2 | 11.5 | 15.0 | 20.5 | 18.9% |
| South Africa | 29.3 | 8.9 | 24.7 | 16.2 | -17.9% |
| Kenya | N/A | N/A | 13.6 | 14.4 | 5.9% |
| Vietnam | 7.6 | 4.7 | 5.1 | 13.5 | 21.1% |
| Others | 724 | 416 | 669 | 880 | 6.7% |
| Total | 5,371 | 4,248 | 4,634 | 5,003 | -2.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from France in 2022:
- Germany (62.4 tons)
- Algeria (41.6 tons)
- Lebanon (15.8 tons)
- Spain (14.2 tons)
- Vietnam (9.1 tons)
- Belgium (8.2 tons)
- Morocco (7.6 tons)
- Turkey (7.4 tons)
- Italy (7.0 tons)
- United Kingdom (6.1 tons)
- Kenya (6.0 tons)
- United States (5.8 tons)
- South Africa (5.0 tons)
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