Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,842 per ton in 2022, jumping by 39% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 132% against the previous year. Over the period under review, average import prices hit record highs at $6,289 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.7% per year.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia
In 2022, overseas purchases of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -74.4% to 17 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 163% against the previous year. As a result, imports reached the peak of 82 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted rapidly to $48K in 2022. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 218%. As a result, imports attained the peak of $222K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.4 | 151 | 16.3 | 48.1 | -11.1% |
| India | 0.8 | 56.5 | 4.4 | N/A | 134.5% |
| United Arab Emirates | 0.4 | 2.8 | 16.2 | N/A | 536.4% |
| Netherlands | N/A | N/A | 98.0 | N/A | 0% |
| Others | N/A | 11.7 | N/A | N/A | 0% |
| Total | 69.7 | 222 | 135 | 48.1 | -11.6% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Ethiopia in 2022:
- China (16.9 tons)
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