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

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Qatar (CIF) - 2022
  2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Qatar

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

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $3,136 per ton in 2022, jumping by 43% against the previous year. Over the period under review, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 96% against the previous year. The import price peaked at $4,099 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,073 per ton), while the price for China ($2,545 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 336 tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were imported into Qatar; growing by 28% on the previous year. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 327%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $1.1M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 124%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A31762296.2%
FranceN/AN/AN/A3500%
Germany14310232.154.4-27.5%
BelgiumN/A34.710627.6-10.8%
Russia54.7305120N/A48.1%
OthersN/AN/AN/AN/A0%
Total1974415761,05474.9%

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

  1. China (244.4 tons)
  2. France (79.1 tons)
  3. Germany (6.7 tons)
  4. Belgium (6.0 tons)

Source: IndexBox Market Intelligence Platform

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