Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland (CIF) - 2023
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland (CIF) - 2023
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,722 per ton in September 2023, picking up by 12% against the previous month. Overall, the import price, however, showed a perceptible descent. The import price peaked at $2,294 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,731 per ton), while the price for Belgium amounted to $1,615 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland (FOB) - 2022
In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $323,098 per ton, surging by 1,180% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained 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 Germany ($657,586 per ton), while the average price for exports to Sweden ($20,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+145.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland
In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses imported into Finland contracted notably to 3.2K tons, which is down by -20.8% against 2021. In general, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% 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 +29.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of 4.1K tons, and then dropped significantly in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted slightly to $6.9M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 153%. As a result, imports reached the peak of $7M, and then dropped in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 2.7 | 6.7 | 5.3 | 19.6% |
| France | 0.1 | N/A | 0.1 | 1.0 | 115.4% |
| Netherlands | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Czech Republic | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.7 | 2.8 | 7.0 | 6.9 | 23.1% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Finland in 2022:
- Germany (2540.2 tons)
- France (447.3 tons)
- Netherlands (216.9 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Finland
In 2022, approx. 122 kg of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were exported from Finland; picking up by 26% against the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. As a result, the exports reached the peak of 138 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $39K in 2022. In general, exports saw 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 38.1 | 0% |
| Sweden | 0.6 | 0.8 | 0.8 | 1.0 | 18.6% |
| Norway | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Belgium | N/A | 1.2 | 1.2 | N/A | 0.0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.9 | 2.3 | 2.4 | 39.4 | 252.4% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Finland in 2022:
- Germany (58.0 kg)
- Sweden (51.0 kg)
- Norway (12.0 kg)
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