Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Tanzania - 2022

Contents:

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

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

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $3,767 per ton in 2022, growing by 9.7% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of 53% against the previous year. The import price peaked at $4,982 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($38,111 per ton), while the price for South Africa ($294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.1%), 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 Tanzania

In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses imported into Tanzania contracted rapidly to 146 kg, falling by -23.6% compared with 2021 figures. Overall, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 91%.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses shrank notably to $550 in 2022. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 47%.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India432288398343-7.4%
Netherlands33374.0125101-32.8%
Kenya33274.0124101-32.7%
South Africa23.010.09.05.0-39.9%
OthersN/AN/AN/AN/A0%
Total1,120446656550-21.1%

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

  1. Kenya (60.0 kg)
  2. Netherlands (60.0 kg)
  3. South Africa (17.0 kg)
  4. India (9.0 kg)

Source: IndexBox Market Intelligence Platform

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