Salicylic Acid Price in Estonia - 2023
Contents:
- Salicylic Acid Price in Estonia (CIF) - 2022
- Salicylic Acid Price in Estonia (FOB) - 2022
- Salicylic Acid Imports in Estonia
- Salicylic Acid Exports in Estonia
Salicylic Acid Price in Estonia (CIF) - 2022
The average salicylic acid import price stood at $11,657 per ton in 2022, growing by 45% against the previous year. Overall, the import price showed a slight increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 132%. Over the period under review, average import prices attained the maximum at $32,789 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 Lithuania ($24,741 per ton), while the price for Poland stood at $10,789 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+324.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Salicylic Acid Price in Estonia (FOB) - 2022
The average salicylic acid export price stood at $10,143 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 13% 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 Lithuania ($34,000 per ton), while the average price for exports to the Netherlands totaled $6,167 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+104.4%).
Salicylic Acid Imports in Estonia
In 2022, supplies from abroad of salicylic acid and its salts decreased by -7.7% to 1.1 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 572% against the previous year. As a result, imports reached the peak of 6.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, salicylic acid imports skyrocketed to $13K in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 198% against the previous year. As a result, imports reached the peak of $23K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Salicylic Acid in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.3 | 15.4 | 2.5 | 11.9 | 241.0% |
| Lithuania | 1.7 | 2.8 | 0.5 | 0.7 | -25.6% |
| China | 3.0 | N/A | N/A | N/A | 0% |
| Latvia | N/A | N/A | 5.9 | N/A | 0% |
| France | 2.1 | N/A | N/A | N/A | 0% |
| Denmark | N/A | 2.8 | N/A | N/A | 0% |
| Others | 0.5 | 1.6 | 1.0 | 0.7 | 11.9% |
| Total | 7.6 | 22.6 | 9.9 | 13.2 | 20.2% |
Top Suppliers of Salicylic Acid to Estonia in 2022:
- Poland (1100.0 kg)
- Lithuania (27.0 kg)
Salicylic Acid Exports in Estonia
In 2022, shipments abroad of salicylic acid and its salts decreased by 0% to 7 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 92%. As a result, the exports attained the peak of 50 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, salicylic acid exports totaled $71 in 2022. Over the period under review, exports showed a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 118%. As a result, the exports reached the peak of $407. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Salicylic Acid in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.0 | N/A | N/A | 37.0 | 233.2% |
| Lithuania | N/A | 407 | N/A | 34.0 | -71.1% |
| Denmark | 186 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 187 | 407 | N/A | 71.0 | -27.6% |
Top Export Markets for Salicylic Acid from Estonia in 2022:
- Netherlands (6.0 kg)
- Lithuania (1.0 kg)
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