Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Chile - 2024

Contents:

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

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

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,324 per ton in 2022, surging by 46% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +85.2% against 2020 indices. As a result, import price attained 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 France ($3,832 per ton), while the price for the United States ($1,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $4,212 per ton, waning by -20.7% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 an increase of 83% against the previous year. As a result, the export price reached the peak level of $5,309 per ton, and then dropped sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2018 to 2022, the rate of growth in terms of prices for Ecuador amounted to +14.5% per year.

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

In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses imported into Chile expanded markedly to 418 tons, picking up by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports reached the peak of 476 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses soared to $972K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.243.6244672494.4%
China23912699.0157-13.1%
Belgium7.739.526.768.0106.7%
FranceN/AN/AN/A57.50%
Argentina0.10.10.116.6449.6%
United States2752391630.1-92.9%
South Korea47.753.940.5N/A-7.9%
RussiaN/A54.3N/AN/A0%
Saudi ArabiaN/AN/A30.2N/A0%
Others4.741.60.70.5-52.6%
Total57859860597218.9%

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

  1. Brazil (282.5 tons)
  2. China (72.6 tons)
  3. Belgium (41.4 tons)
  4. France (15.0 tons)
  5. Argentina (6.5 tons)
  6. United States (0.1 tons)

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

In 2022, shipments abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by 740% to 2.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant decrease.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $9.3K in 2022. Overall, exports, however, recorded a abrupt shrinkage.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina10.23.31.29.3-3.0%
Ecuador6.81.60.2N/A-82.9%
OthersN/AN/AN/AN/A0%
Total16.94.91.49.3-18.1%

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

  1. Argentina (2.2 tons)

Source: IndexBox Market Intelligence Platform

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