Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (CIF) - 2023
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (CIF) - 2023
In September 2023, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,455 per ton, surging by 11% against the previous month. In general, the import price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 35% against the previous month. The import price peaked at $2,092 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,645 per ton), while the price for the Czech Republic stood at $1,162 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (-4.2%).
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (FOB) - 2022
In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $14,250 per ton, surging by 1,010% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached 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 country with the highest price was Germany ($5,333 per ton), while the average price for exports to Switzerland amounted to $5,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+13.6%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria
In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Austria soared to 2.7K tons, jumping by 44% against 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $5.3M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | 0.4 | 3.3 | 725.0% |
| Germany | 1.9 | 1.6 | 2.1 | 2.0 | 1.7% |
| Belgium | 0.3 | 0.1 | 0.7 | N/A | 52.8% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 2.3 | 1.7 | 3.2 | 5.3 | 32.1% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Austria in 2022:
- Czech Republic (1902.1 tons)
- Germany (724.5 tons)
- Belgium (21.9 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria
After three years of growth, shipments abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -99.6% to 4 kg in 2022. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 2,123%.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted notably to $57 in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,003% against the previous year.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Austria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 16.0 | 6.0 | 16.0 | 0.0% |
| Switzerland | N/A | N/A | 26.0 | 5.0 | -80.8% |
| Croatia | N/A | 44.0 | N/A | N/A | 0% |
| Serbia | N/A | N/A | 1,224 | N/A | 0% |
| Romania | N/A | 264 | N/A | N/A | 0% |
| Turkey | 34.0 | 51.0 | N/A | N/A | 50.0% |
| Others | N/A | N/A | 39.0 | 36.0 | -7.7% |
| Total | 34.0 | 375 | 1,295 | 57.0 | 18.8% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Austria in 2022:
- Germany (3.0 kg)
- Switzerland (1.0 kg)
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