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

Contents:

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

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

In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $18,995 per ton, jumping by 85% against the previous year. Over the period under review, the export price posted significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 638% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($19,000 per ton), while the average price for exports to Latvia stood at $12,000 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+280.3%), 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 Ukraine (CIF) - 2022

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $3,451 per ton, rising by 25% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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 China ($4,594 per ton), while the price for Germany ($1,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Ukraine recorded growth in shipments abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses, which increased by 74% to 7.3 tons in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,314% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $138K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 17,725% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ukraine (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
BelarusN/A22.6138510.6%
China0.20.9N/A350.0%
United Arab EmiratesN/A19.4N/A0%
OthersN/A0.10.10.0%
Total0.243.01382526.8%

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

  1. Belarus (7.3 tons)

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

For the third consecutive year, Ukraine recorded decline in overseas purchases of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses, which decreased by -48.2% to 25 tons in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -41.3% was in 2020.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses dropped sharply to $85K in 2022. Over the period under review, imports continue to indicate a dramatic contraction.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands20860.582.841.3-41.7%
Russia18.726.49.227.113.2%
Germany21.323.15.012.3-16.7%
China3.92.52.34.65.7%
Belgium36.030.66.2N/A-58.5%
France26.723.04.9N/A-57.2%
Japan99.369.811.4N/A-66.1%
Poland4.85.91.8N/A-38.8%
Others32.548.68.80.2-81.7%
Total45129013285.5-42.6%

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

  1. Netherlands (9.8 tons)
  2. Germany (6.9 tons)
  3. Russia (6.9 tons)
  4. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

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