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

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France (FOB) - 2023
  2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France (CIF) - 2022
  3. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France
  4. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France (FOB) - 2023

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,450 per ton in November 2023, remaining constant against the previous month. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in January 2023 an increase of 10% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,763 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2,894 per ton), while the average price for exports to the UK totaled $1,650 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,658 per ton in 2022, surging by 16% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 74%. Over the period under review, average import prices attained the peak figure at $1,774 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($1,843 per ton) and Germany ($1,788 per ton), while the price for the Netherlands ($1,355 per ton) and Belgium ($1,537 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from France stood at 52K tons, surging by 10% on 2021. The total export volume increased at an average annual rate of +10.2% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $104M in 2022. In general, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +38.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached 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 France (Million USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands24.834.137.5%
Belgium14.619.835.6%
Germany10.715.847.7%
Italy10.514.941.9%
Spain4.86.025.0%
United Kingdom3.35.566.7%
Turkey2.93.417.2%
Others3.54.734.3%
Total75.210438.3%

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

  1. Netherlands (18.4K tons)
  2. Belgium (10.4K tons)
  3. Germany (8.1K tons)
  4. Italy (7.6K tons)
  5. Spain (2.7K tons)
  6. United Kingdom (2.5K tons)
  7. Turkey (1.3K tons)

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

In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into France dropped to 33K tons, which is down by -10.7% on 2021 figures. Over the period under review, imports showed a abrupt descent. The smallest decline of -1.8% was in 2021.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $55M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +78.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.423.940.835.13.8%
Netherlands11.56.25.013.04.2%
South KoreaN/AN/AN/A2.80%
Czech Republic0.90.71.62.540.6%
Belgium6.70.12.11.4-40.7%
Others1.40.23.60.5-29.1%
Total51.931.053.155.22.1%

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

  1. Germany (19.6K tons)
  2. Netherlands (9.6K tons)
  3. Czech Republic (1.5K tons)
  4. South Korea (1.5K tons)
  5. Belgium (0.9K tons)

Source: IndexBox Market Intelligence Platform

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