Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (FOB) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (CIF) - 2022
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $5,019 per ton in 2022, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($5,410 per ton) and Germany ($5,173 per ton), while the average price for exports to Oman ($4,716 per ton) and the Netherlands ($4,854 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $8,211 per ton, surging by 8% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 71% against the previous year. Over the period under review, average import prices hit record highs at $33,345 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($8,718 per ton) and Japan ($8,442 per ton), while the price for Italy ($6,572 per ton) and France ($6,644 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China
Exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses from China declined markedly to 43K tons in 2022, waning by -35.5% against the previous year. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 60%. As a result, the exports reached the peak of 67K tons, and then declined remarkably in the following year.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted notably to $216M in 2022. Over the period under review, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 80%. As a result, the exports attained the peak of $291M, and then contracted rapidly in the following year.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 38.5 | 26.4 | 50.8 | 44.3 | 4.8% |
| Japan | 33.0 | 21.4 | 37.5 | 32.3 | -0.7% |
| United States | 38.6 | 20.3 | 39.8 | 28.5 | -9.6% |
| Germany | 18.6 | 19.5 | 40.1 | 20.1 | 2.6% |
| Italy | 22.5 | 20.0 | 24.3 | 19.9 | -4.0% |
| South Korea | 10.1 | 7.5 | 12.8 | 9.5 | -2.0% |
| Belgium | 11.8 | 11.0 | 22.5 | 9.3 | -7.6% |
| Russia | 2.8 | 3.5 | 4.2 | 6.6 | 33.1% |
| Taiwan (Chinese) | 7.3 | 4.8 | 8.7 | 5.8 | -7.4% |
| France | 5.6 | 3.8 | 8.2 | 5.5 | -0.6% |
| Oman | N/A | 0.5 | 4.7 | 5.3 | 225.6% |
| Switzerland | 1.8 | 6.5 | 7.3 | 5.2 | 42.4% |
| Spain | 2.3 | 4.0 | 9.4 | 3.9 | 19.2% |
| Others | 15.9 | 12.4 | 20.1 | 19.9 | 7.8% |
| Total | 209 | 162 | 291 | 216 | 1.1% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from China in 2022:
- Netherlands (9.1K tons)
- Japan (6.4K tons)
- United States (5.8K tons)
- Italy (4.0K tons)
- Germany (3.9K tons)
- Belgium (1.9K tons)
- South Korea (1.9K tons)
- Russia (1.4K tons)
- Taiwan (Chinese) (1.1K tons)
- Oman (1.1K tons)
- France (1.1K tons)
- Switzerland (1.0K tons)
- Spain (0.8K tons)
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China
Imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into China dropped rapidly to 839 tons in 2022, with a decrease of -19.6% on 2021 figures. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 73%.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses dropped to $6.9M in 2022. In general, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 80%.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 1.9 | 3.4 | 2.2 | 19.2% |
| Italy | 0.5 | 0.4 | 0.9 | 2.1 | 61.3% |
| Germany | 3.4 | 0.2 | 0.3 | 0.7 | -41.0% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.7 | 0.6 | -5.0% |
| France | 0.5 | 0.6 | 0.5 | 0.6 | 6.3% |
| Japan | 32.4 | 0.7 | 1.1 | 0.6 | -73.5% |
| Netherlands | 0.2 | 0.2 | 0.8 | N/A | 100.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 39.2 | 4.4 | 7.9 | 6.9 | -44.0% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to China in 2022:
- Italy (318.3 tons)
- United States (249.6 tons)
- Germany (88.6 tons)
- France (83.4 tons)
- Japan (75.3 tons)
- Taiwan (Chinese) (10.0 tons)
- Netherlands (3.0 tons)
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