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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,365 per ton, picking up by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. As a result, import price reached the peak level of $2,806 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,750 per ton), while the price for China ($1,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.4%), 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 Ukraine (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $49,387 per ton in 2022, growing by 646% against the previous year. Over the period under review, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($48,143 per ton), while the average price for exports to Latvia ($7,214 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+444.5%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ukraine

After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -14% to 450 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 523 tons, and then contracted in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses contracted to $1.1M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year.

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

1. Netherlands (155.8 tons)
2. China (93.3 tons)
3. Belgium (90.5 tons)
4. Poland (37.0 tons)
5. Germany (32.6 tons)
6. Italy (30.2 tons)

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

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -98.5% to 50 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 5,552% against the previous year. As a result, the exports attained the peak of 3.4 tons, and then fell remarkably in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses shrank significantly to $996 in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,252%. As a result, the exports attained the peak of $23K, and then shrank rapidly in the following year.

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

1. Georgia (23.0 kg)
2. Latvia (14.0 kg)
3. India (7.0 kg)
4. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform