Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $24,716 per ton, picking up by 270% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 273% against the previous year. As a result, import price reached the peak level of $35,446 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 India ($99,285 per ton), while the price for Latvia ($4,927 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses imported into Uzbekistan skyrocketed to 21 tons, picking up by 54% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 184% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $392K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.9 | 80.4 | 152 | 246 | 167.2% |
| India | 18.9 | 15.6 | 17.7 | 87.9 | 66.9% |
| Germany | 15.4 | 11.6 | 35.1 | 28.4 | 22.6% |
| Latvia | 0.8 | 5.4 | 9.1 | 15.6 | 169.2% |
| Lithuania | 3.7 | 15.0 | 8.1 | 8.1 | 29.8% |
| Turkey | 9.1 | 10.7 | 10.0 | 5.6 | -14.9% |
| Others | 0.2 | 7.8 | 0.6 | 0.3 | 14.5% |
| Total | 61.0 | 147 | 232 | 392 | 85.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Uzbekistan in 2022:
- China (14.5 tons)
- Latvia (3.2 tons)
- Lithuania (1.2 tons)
- India (0.9 tons)
- Turkey (0.7 tons)
- Germany (0.7 tons)
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