Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus
4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $11,856 per ton in 2022, growing by 35% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 76%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Taiwan (Chinese) ($61,030 per ton), while the price for Latvia ($6,075 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $6,118 per ton, with a decrease of -3.7% against the previous year. In general, the export price, however, recorded a pronounced increase. The growth pace was the most rapid in 2019 when the average export price increased by 100%. The export price peaked at $6,353 per ton in 2021, and then shrank slightly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($6,125 per ton), while the average price for exports to Kazakhstan stood at $6,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.1%).

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus

In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -4.2% to 32 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, imports reached the peak of 41 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses soared to $381K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 115% against the previous year. As a result, imports reached the peak of $467K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Belarus in 2022:

1. Russia (22.0 tons)
2. Latvia (9.1 tons)
3. Taiwan (Chinese) (0.6 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Belarus

In 2022, after two years of decline, there was decline in shipments abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume decreased by 0% to 17 kg. In general, exports saw a deep contraction. The smallest decline of -32% was in 2020.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted slightly to $104 in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8% against the previous year. As a result, the exports attained the peak of $108, and then shrank in the following year.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Belarus in 2022:

1. Russia (16.0 kg)
2. Kazakhstan (1.0 kg)

Source: IndexBox Market Intelligence Platform