Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $159,756 per ton, rising by 9,683% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($1,761 per ton) and Singapore ($1,751 per ton), while the average price for exports to the United States ($1,702 per ton) and Mexico ($1,709 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,045 per ton, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30%. Over the period under review, average import prices attained the maximum at $2,150 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,045 per ton) and Italy ($2,045 per ton), while the price for China ($2,045 per ton) and Canada ($2,045 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses exported from Israel rose sharply to 1.6K tons, surging by 5.5% compared with 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses rose significantly to $2.8M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 106% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 483 | 1,393 | 1,323 | 1,366 | 41.4% |
| United States | 188 | 306 | 300 | 728 | 57.0% |
| Singapore | 274 | 239 | 486 | 345 | 8.0% |
| France | 16.0 | 262 | 186 | 139 | 105.6% |
| Brazil | 23.0 | 69.0 | 100 | 115 | 71.0% |
| Mexico | 31.0 | 34.0 | 57.0 | 59.0 | 23.9% |
| Others | 123 | 36.0 | 42.0 | 49.0 | -26.4% |
| Total | 1,138 | 2,339 | 2,494 | 2,801 | 35.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Israel in 2022:
- Netherlands (775.9 tons)
- United States (427.6 tons)
- Singapore (197.0 tons)
- France (80.9 tons)
- Brazil (66.4 tons)
- Mexico (34.5 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -9.1% to 862 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 18%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses rose significantly to $1.8M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 130 | 464 | 256.9% |
| Canada | 91.0 | 48.0 | 49.0 | 255 | 41.0% |
| Belgium | 155 | 203 | 200 | 251 | 17.4% |
| Netherlands | 560 | 330 | 418 | 233 | -25.3% |
| Switzerland | N/A | 65.0 | 139 | 170 | 61.7% |
| China | 4.0 | 26.0 | 57.0 | 94.0 | 186.4% |
| United States | 219 | 16.0 | 62.0 | 71.0 | -31.3% |
| Germany | 151 | 836 | 476 | 48.0 | -31.8% |
| Others | 99.0 | 11.0 | 117 | 176 | 21.1% |
| Total | 1,279 | 1,535 | 1,648 | 1,762 | 11.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Israel in 2022:
- Italy (226.9 tons)
- Canada (124.7 tons)
- Belgium (122.7 tons)
- Netherlands (113.9 tons)
- Switzerland (83.1 tons)
- China (46.0 tons)
- United States (34.7 tons)
- Germany (23.5 tons)
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