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Serbia - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Serbia - 2023
Contents:
- Adipic Acid Price in Serbia (CIF) - 2022
- Adipic Acid Price in Serbia (FOB) - 2022
- Adipic Acid Imports in Serbia
- Adipic Acid Exports in Serbia
Adipic Acid Price in Serbia (CIF) - 2022
In 2022, the average adipic acid import price amounted to $2,806 per ton, surging by 18% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43%. The import price peaked at $3,024 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($3,167 per ton) and the Netherlands ($3,055 per ton), while the price for China ($2,230 per ton) and Turkey ($2,730 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Adipic Acid Price in Serbia (FOB) - 2022
In 2022, the average adipic acid export price amounted to $19,990 per ton, with an increase of 289% against the previous year. Overall, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Montenegro.
From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +18.2% per year.
Adipic Acid Imports in Serbia
After three years of growth, purchases abroad of adipic acid, its salts and esters decreased by -35.1% to 308 tons in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 275%.
In value terms, adipic acid imports declined remarkably to $866K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 318%. As a result, imports reached the peak of $1.1M, and then contracted rapidly in the following year.
Import of Adipic Acid in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 29.0 | 90.7 | 427 | 442 | 147.9% |
Turkey | 4.6 | 18.1 | 60.9 | 267 | 287.2% |
China | 1.6 | 8.1 | 118 | 76.9 | 263.6% |
Slovenia | 15.7 | 29.9 | 46.9 | 43.2 | 40.1% |
Netherlands | 0.5 | 1.4 | 0.2 | 30.6 | 294.1% |
Czech Republic | 7.3 | 30.9 | 214 | N/A | 441.4% |
Others | 38.4 | 91.0 | 261 | 5.3 | -48.3% |
Total | 97.1 | 270 | 1,128 | 866 | 107.4% |
Top Suppliers of Adipic Acid to Serbia in 2022:
- Germany (152.0 tons)
- Turkey (97.8 tons)
- China (34.5 tons)
- Slovenia (13.7 tons)
- Netherlands (10.0 tons)
Adipic Acid Exports in Serbia
In 2022, after two years of decline, there was significant decline in shipments abroad of adipic acid, its salts and esters, when their volume decreased by -90.3% to 201 kg. In general, exports continue to indicate a dramatic curtailment.
In value terms, adipic acid exports fell significantly to $4K in 2022. Over the period under review, exports, however, recorded a resilient increase.
Export of Adipic Acid in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | N/A | N/A | N/A | 4.0 | 0% |
Netherlands | N/A | N/A | 10.7 | N/A | 0% |
Ukraine | 2.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.5 | N/A | 10.7 | 4.0 | 17.0% |
Top Export Markets for Adipic Acid from Serbia in 2022:
- Montenegro (201.0 kg)
This report provides an in-depth analysis of the adipic acid market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143385 - Adipic acid, its salts and esters
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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