Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus - 2022

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (CIF) - 2022
  2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (FOB) - 2022
  3. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus
  4. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (CIF) - 2022

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $5,982 per ton in 2022, waning by -7.5% against the previous year. In general, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum at $6,466 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($21,755 per ton), while the price for Italy ($1,415 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+49.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (FOB) - 2022

In 2021, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $2,651 per ton, increasing by 156% against the previous year. In general, the export price recorded a resilient 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 Russia ($100,000 per ton), while the average price for exports to Turkey totaled $2,650 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+823.7%).

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus

In 2022, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -25.6% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of 16 tons, and then contracted dramatically in the following year.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses shrank remarkably to $73K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 165%. As a result, imports attained the peak of $107K, and then contracted dramatically in the following year.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A32.642.129.1%
Russia7.820.233.613.520.1%
Poland6.311.317.58.410.1%
Germany2.90.914.96.631.5%
Italy2.53.44.01.5-15.7%
Others5.34.44.01.4-35.8%
Total24.840.210773.443.6%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Belarus in 2022:

  1. Poland (4.6 tons)
  2. Russia (3.6 tons)
  3. Ukraine (1.9 tons)
  4. Italy (1.0 tons)
  5. Germany (1.0 tons)

Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus

In 2021, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Belarus soared to 176 tons, growing by 134% against 2020 figures. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses soared to $466K in 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Belarus (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
TurkeyN/AN/A4660%
Russia72.1N/A0.1-96.3%
EgyptN/A77.7N/A0%
OthersN/AN/AN/A0%
Total72.177.7466154.2%

Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Belarus in 2022:

  1. Turkey (175.8 tons)

Source: IndexBox Market Intelligence Platform

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