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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,978 per ton, increasing by 3.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. The import price peaked at $2,122 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($12,990 per ton), while the price for the Netherlands ($1,664 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+25.6%), 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 Poland (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,062 per ton in 2022, declining by -23.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $2,697 per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($3,418 per ton), while the average price for exports to Slovakia ($1,749 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 Denmark (+8.3%), 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 Poland

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses imported into Poland shrank slightly to 3.1K tons, stabilizing at the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.5%. As a result, imports reached the peak of 3.1K tons, leveling off in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $6.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +56.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 52%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0041,5671,3182,05927.0%
Belgium4279471,5741,91765.0%
Netherlands7523782,4421,29019.7%
Canada11819521232940.7%
United States3860.10.7189-21.2%
Italy20323144.670.2-29.8%
Sweden1,37544.1N/A1.3-90.2%
France1612111110.5-85.4%
Others16532120424714.4%
Total4,5903,8945,9076,10310.0%

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

  1. Germany (1011.7 tons)
  2. Belgium (977.9 tons)
  3. Netherlands (775.2 tons)
  4. Canada (146.3 tons)
  5. United States (55.9 tons)
  6. Italy (25.4 tons)
  7. France (0.3 tons)
  8. Sweden (0.1 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Poland

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses increased by 382% to 508 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $1M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia81.713.077.7793113.3%
Belarus73.940.352.510111.0%
Germany1.64.513.149.0212.9%
Ukraine9.30.81.637.358.9%
United Kingdom10.521.415.629.541.1%
Switzerland8.218.416.819.333.0%
Lithuania16.512.310.84.7-34.2%
Czech Republic17.176.32.64.4-36.4%
Denmark32.6N/AN/AN/A0%
IcelandN/A39.3N/AN/A0%
Others31.321.040.08.9-34.2%
Total2832472311,04854.7%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Poland in 2022:

  1. Russia (410.7 tons)
  2. Belarus (44.9 tons)
  3. Germany (19.0 tons)
  4. Ukraine (14.0 tons)
  5. Switzerland (8.7 tons)
  6. United Kingdom (4.7 tons)
  7. Lithuania (1.5 tons)
  8. Czech Republic (1.3 tons)

Source: IndexBox Market Intelligence Platform

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