Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Denmark - 2023

Contents:

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

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

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $10,398 per ton, growing by 80% against the previous year. Overall, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2020 when the average import price increased by 195%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($27,686 per ton), while the price for Germany ($1,578 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,186 per ton, remaining stable against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 1.5%. As a result, the export price reached the peak level of $2,895 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -8.4% per year.

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

In 2022, overseas purchases of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -29.8% to 4.3 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 128% against the previous year. As a result, imports attained the peak of 7.6 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 $44K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 573% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A18.919.932.130.3%
SwedenN/AN/AN/A5.20%
United KingdomN/A19.011.55.0-48.7%
Germany0.51.61.60.921.6%
China5.62.02.00.1-73.9%
OthersN/AN/AN/A1.00%
Total6.241.535.144.392.6%

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

  1. Switzerland (2829.0 kg)
  2. Germany (599.0 kg)
  3. United Kingdom (575.0 kg)
  4. Sweden (188.0 kg)
  5. China (34.0 kg)

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

In 2022, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Denmark totaled 828 kg, remaining stable against the year before. In general, exports continue to indicate a abrupt contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $982 in 2022. Over the period under review, exports recorded a sharp slump. The smallest decline of 99.9% was in 2021.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Denmark (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Norway2.5N/A1.0-36.8%
OthersN/AN/AN/A0%
Total2.5N/A1.0-36.8%

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

  1. Norway (828.0 kg)

Source: IndexBox Market Intelligence Platform

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