Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil - 2024
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (FOB) - 2024
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (CIF) - 2022
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (FOB) - 2024
In January 2024, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,019 per ton, picking up by 35% against the previous month. In general, the export price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 64% month-to-month. The export price peaked at $1,837 per ton in March 2023; however, from April 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($1,221 per ton), while the average price for exports to Uruguay ($383 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.2%), while the prices for the other major destinations experienced a decline.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (CIF) - 2022
In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,842 per ton, jumping by 35% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,301 per ton), while the price for Russia ($1,610 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil
Exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Brazil surged to 13K tons in 2022, with an increase of 72% against the previous year. In general, exports, however, continue to indicate a deep reduction.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $26M in 2022. Over the period under review, exports, however, saw a mild decline.
Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 21.4 | 7.4 | 3.8 | 12.5 | -16.4% |
Argentina | 1.4 | 1.8 | 3.2 | 5.1 | 53.9% |
Colombia | 2.5 | 2.2 | 3.2 | 4.6 | 22.5% |
Peru | 0.6 | 0.4 | 1.1 | 1.3 | 29.4% |
Uruguay | 0.4 | 0.2 | 0.3 | 0.8 | 26.0% |
Chile | N/A | N/A | 0.3 | 0.6 | 100.0% |
Belgium | N/A | 11.1 | N/A | N/A | 0% |
Others | 0.3 | 0.1 | 0.2 | 0.7 | 32.6% |
Total | 26.5 | 23.3 | 12.2 | 25.7 | -1.0% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Brazil in 2022:
- United States (7.0K tons)
- Colombia (2.3K tons)
- Argentina (2.3K tons)
- Peru (0.6K tons)
- Uruguay (0.4K tons)
- Chile (0.3K tons)
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil
In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Brazil fell remarkably to 5.7K tons, waning by -18.4% compared with 2021. In general, imports showed a abrupt decrease. The smallest decline of -13.2% was in 2020.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses expanded sharply to $10M in 2022. Overall, imports recorded a abrupt slump.
Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.2 | 4.5 | 2.7 | 5.9 | -1.6% |
China | 3.3 | 1.3 | 1.4 | 2.9 | -4.2% |
Russia | 3.8 | 3.0 | 0.1 | 1.2 | -31.9% |
South Korea | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
South Africa | 0.4 | 0.5 | 0.6 | N/A | 22.5% |
Others | 0.8 | 0.9 | 4.4 | 0.2 | -37.0% |
Total | 14.8 | 10.3 | 9.5 | 10.5 | -10.8% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Brazil in 2022:
- United States (3162.4 tons)
- China (1600.8 tons)
- Russia (733.6 tons)
- South Korea (128.0 tons)
- South Africa (16.0 tons)
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The rate of growth for Acrylic Acid Esters reached its peak in April 2023 with a remarkable increase of 106% compared to the previous month. However, by October 2023, the value of acrylic acid esters imports had decreased to $4.3M.
The growth of Methacrylic Acid imports experienced its fastest pace in January 2023, with a remarkable increase of 152% compared to the previous month. In terms of value, Methacrylic Acid imports expanded significantly to $729K in August 2023.
In February 2023, the phenylacetic acid price stood at $17,059 per ton (CIF, Brazil), picking up by 3.9% against the previous month.
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The price of Benzoic Acid in June 2023 in Brazil was $1,821 per ton (CIF), showing a decrease of -10.6% compared to the previous month.
The rate of growth for Acrylic Acid Esters reached its peak in April 2023 with a remarkable increase of 106% compared to the previous month. However, by October 2023, the value of acrylic acid esters imports had decreased to $4.3M.
The growth of Methacrylic Acid imports experienced its fastest pace in January 2023, with a remarkable increase of 152% compared to the previous month. In terms of value, Methacrylic Acid imports expanded significantly to $729K in August 2023.
In February 2023, the phenylacetic acid price stood at $17,059 per ton (CIF, Brazil), picking up by 3.9% against the previous month.