Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,273 per ton in 2022, surging by 28% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +130.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 80%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($2,614 per ton) and China ($2,397 per ton), while the price for the Netherlands ($2,012 per ton) and the Czech Republic ($2,100 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,998 per ton in 2022, rising by 9.5% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +59.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($3,285 per ton), while the average price for exports to Egypt ($737 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 Greece (+21.1%), 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 Spain
In 2022, supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -8.8% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 15K tons, and then dropped in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses soared to $31M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 107%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.2 | 8.4 | 14.8 | 14.5 | 26.3% |
| France | 2.1 | 2.3 | 5.3 | 6.5 | 45.7% |
| China | N/A | N/A | 1.7 | 2.5 | 47.1% |
| Netherlands | 1.6 | 0.2 | 1.5 | 2.2 | 11.2% |
| Indonesia | 0.3 | 0.2 | 1.3 | 2.0 | 88.2% |
| Czech Republic | 1.1 | 0.9 | 0.8 | 1.9 | 20.0% |
| Belgium | 0.6 | 0.2 | 0.7 | 1.4 | 32.6% |
| South Korea | 0.9 | 0.3 | 0.3 | 0.1 | -51.9% |
| Others | 1.1 | 0.4 | 0.5 | 0.2 | -43.3% |
| Total | 14.8 | 12.9 | 26.8 | 31.3 | 28.4% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Spain in 2022:
- Germany (6.4K tons)
- France (2.8K tons)
- Netherlands (1.1K tons)
- China (1.0K tons)
- Czech Republic (0.9K tons)
- Indonesia (0.7K tons)
- Belgium (0.6K tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain
In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses exported from Spain soared to 642 tons, with an increase of 19% against the previous year. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports of reached the maximum in 2022 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 surged to $1.3M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 143 | 117 | 152 | 305 | 28.7% |
| Greece | N/A | N/A | 177 | 190 | 7.3% |
| Portugal | N/A | 0.7 | 42.0 | 186 | 1530.1% |
| Morocco | 85.0 | 88.9 | 148 | 129 | 14.9% |
| Bangladesh | 8.0 | 0.2 | 18.6 | 96.3 | 129.2% |
| Italy | 0.1 | N/A | 104 | 94.8 | 882.4% |
| France | 62.3 | 13.8 | 69.8 | 78.5 | 8.0% |
| Netherlands | 1.4 | 6.5 | N/A | 43.4 | 214.1% |
| Egypt | 106 | 106 | 49.7 | 43.2 | -25.9% |
| Bulgaria | N/A | N/A | 7.7 | 29.5 | 283.1% |
| Algeria | 21.0 | 23.7 | 8.7 | 26.4 | 7.9% |
| Russia | N/A | 49.3 | 68.9 | N/A | 39.8% |
| Saudi Arabia | 39.7 | 24.1 | 25.0 | N/A | -20.6% |
| Others | 136 | 39.5 | 113 | 60.0 | -23.9% |
| Total | 602 | 470 | 984 | 1,282 | 28.7% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Spain in 2022:
- Bangladesh (130.3 tons)
- Germany (113.8 tons)
- Greece (64.1 tons)
- Egypt (58.7 tons)
- Portugal (58.1 tons)
- Morocco (47.8 tons)
- Netherlands (39.8 tons)
- Italy (28.8 tons)
- Algeria (26.9 tons)
- France (26.7 tons)
- Bulgaria (9.9 tons)
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