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

Contents:

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

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

In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $5,341 per ton, waning by -8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 52%. The import price peaked at $6,896 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($52,185 per ton), while the price for India ($2,984 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into Iran reduced markedly to 49 tons, with a decrease of -32.8% compared with the previous year's figure. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 225% against the previous year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses dropped markedly to $264K in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 322% against the previous year. As a result, imports attained the peak of $427K, and then shrank significantly in the following year.

Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16.64.537.199.981.9%
China24071.929598.2-25.8%
India54.410.335.325.2-22.6%
Netherlands22.23.711.06.9-32.3%
Others56.310.748.133.6-15.8%
Total389101427264-12.1%

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

  1. China (26.2 tons)
  2. United Arab Emirates (12.5 tons)
  3. India (8.5 tons)
  4. Netherlands (1.3 tons)

Source: IndexBox Market Intelligence Platform

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