Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (FOB) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (FOB) - 2023
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,004 per ton in September 2023, which is down by -6.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 15% against the previous month. As a result, the export price attained the peak level of $1,180 per ton. From June 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Argentina ($1,539 per ton) and the UK ($1,168 per ton), while the average price for exports to Thailand ($1,035 per ton) and Norway ($1,114 per ton) were amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,353 per ton in 2022, falling by -43.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 236% against the previous year. As a result, import price attained the peak level of $2,380 per ton, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,617 per ton), while the price for Belgium ($1,493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), 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 Sweden
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -49.1% to 17K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3% against the previous year. As a result, the exports attained the peak of 36K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped sharply to $20M in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%. As a result, the exports attained the peak of $29M, and then contracted dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.4 | 8.3 | 10.2 | 9.8 | 1.4% |
| India | 3.4 | 4.6 | 5.9 | 3.1 | -3.0% |
| Netherlands | 0.9 | 1.1 | 1.7 | 1.6 | 21.1% |
| Thailand | 0.1 | 1.9 | 1.5 | 1.5 | 146.6% |
| United Kingdom | 4.4 | 1.7 | 2.9 | 0.9 | -41.1% |
| Germany | N/A | 0.9 | 0.4 | 0.7 | -11.8% |
| Norway | 0.7 | 0.3 | 0.8 | 0.6 | -5.0% |
| Italy | 6.3 | 3.9 | 1.9 | 0.4 | -60.1% |
| Singapore | 0.4 | 2.8 | 0.9 | N/A | 50.0% |
| Others | 2.1 | 1.5 | 2.3 | 1.6 | -8.7% |
| Total | 27.5 | 27.0 | 28.5 | 20.1 | -9.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Sweden in 2022:
- Belgium (10.8K tons)
- India (1.8K tons)
- Thailand (1.1K tons)
- Netherlands (1.0K tons)
- United Kingdom (0.5K tons)
- Germany (0.4K tons)
- Norway (0.4K tons)
- Italy (0.3K tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses imported into Sweden skyrocketed to 464 tons, jumping by 128% on 2021 figures. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 593% against the previous year. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses skyrocketed to $861K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 347%. As a result, imports reached the peak of $967K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 74.7 | 146 | 314 | 361 | 69.1% |
| Belgium | 0.8 | 567 | 1.4 | 271 | 597.1% |
| Denmark | 3.1 | 210 | 109 | 185 | 290.8% |
| Germany | 4.0 | 25.1 | 53.4 | 42.5 | 119.8% |
| Norway | 85.8 | 6.2 | N/A | 1.3 | -75.3% |
| Others | 48.0 | 12.8 | 6.2 | 0.9 | -73.4% |
| Total | 217 | 967 | 485 | 861 | 58.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Sweden in 2022:
- Belgium (181.7 tons)
- Netherlands (172.4 tons)
- Denmark (97.1 tons)
- Germany (11.8 tons)
- Norway (0.9 tons)
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