Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway - 2024
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $5,137 per ton in 2022, surging by 88% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue 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 the Czech Republic ($19,603 per ton), while the price for Denmark ($1,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $6,258 per ton in 2022, flattening at the previous year. Overall, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 65%. As a result, the export price attained the peak level of $8,636 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +31.7% per year.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway
In 2022, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -27.6% to 9.2 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 162% against the previous year. As a result, imports reached the peak of 13 tons, and then contracted rapidly in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $47K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 3.8 | 8.3 | 24.7 | 398.0% |
| Netherlands | 3.3 | 6.0 | 12.7 | 14.9 | 65.3% |
| Czech Republic | 0.2 | 0.4 | 1.4 | 5.2 | 196.2% |
| United Kingdom | 6.8 | 3.2 | 4.0 | 1.4 | -41.0% |
| Sweden | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
| Denmark | 0.6 | 0.7 | 0.9 | 0.3 | -20.6% |
| Italy | 1.0 | 2.0 | 4.9 | N/A | 121.4% |
| Others | 0.9 | 0.8 | 2.3 | N/A | 59.9% |
| Total | 13.0 | 17.1 | 34.6 | 47.2 | 53.7% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Norway in 2022:
- Netherlands (5.3 tons)
- Germany (3.0 tons)
- Czech Republic (0.3 tons)
- Denmark (0.2 tons)
- United Kingdom (0.2 tons)
- Sweden (0.2 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway
In 2022, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Norway fell significantly to 236 kg, with a decrease of -50% compared with 2021. Overall, exports saw a sharp descent.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses fell markedly to $1.5K in 2022. Over the period under review, exports recorded a precipitous decline.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | N/A | 1.5 | 0% | ||
| Germany | 2.9 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.0 | 1.5 | -50.0% | ||
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Norway in 2022:
- China (236.0 kg)
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