Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain (FOB) - 2023
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $6,021 per ton, rising by 22% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($6,887 per ton) and the Netherlands ($6,528 per ton), while the price for Belgium ($5,045 per ton) and Germany ($5,288 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), 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 Spain (FOB) - 2023
In November 2023, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $6,263 per ton, increasing by 22% against the previous month. Overall, the export price, however, recorded a slight contraction. The pace of growth was the most pronounced in May 2023 when the average export price increased by 31% month-to-month. The export price peaked at $7,525 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From November 2022 to November 2023, the rate of growth in terms of prices for South Korea amounted to 0.0% per month.
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain
In 2022, approx. 1.1K tons of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses were imported into Spain; which is down by -43.8% compared with the year before. Overall, imports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, imports attained the peak of 2K tons, and then reduced rapidly in the following year.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted notably to $6.7M in 2022. Over the period under review, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 164%. As a result, imports attained the peak of $9.8M, and then declined notably in the following year.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,898 | 1,552 | 5,349 | 2,330 | -7.0% |
| Belgium | 749 | 197 | 1,157 | 1,269 | 19.2% |
| Netherlands | 516 | 391 | 812 | 1,091 | 28.3% |
| Germany | 452 | 510 | 1,070 | 555 | 7.1% |
| France | 417 | 547 | 412 | 553 | 9.9% |
| India | 318 | 143 | 536 | 352 | 3.4% |
| Italy | 57.6 | 130 | 258 | 320 | 77.1% |
| Others | 205 | 253 | 230 | 279 | 10.8% |
| Total | 5,613 | 3,724 | 9,825 | 6,749 | 6.3% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Spain in 2022:
- China (399.3 tons)
- Belgium (251.6 tons)
- Netherlands (167.2 tons)
- Germany (104.9 tons)
- France (80.2 tons)
- India (60.0 tons)
- Italy (54.5 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume decreased by -10.1% to 824 tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 53%. As a result, the exports reached the peak of 917 tons, and then dropped in the following year.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $5.4M in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 995 | 1,237 | 3,291 | 2,939 | 43.5% |
| France | 63.7 | 290 | 389 | 688 | 121.0% |
| Netherlands | 128 | 365 | 491 | 581 | 65.6% |
| Germany | 475 | 486 | 174 | 579 | 6.8% |
| Denmark | 8.6 | N/A | 137 | 152 | 160.5% |
| Latvia | N/A | 48.0 | 133 | 96.0 | 41.4% |
| Austria | 91.2 | 89.8 | 80.9 | 84.9 | -2.4% |
| United Kingdom | 91.5 | 77.5 | 47.6 | 32.4 | -29.3% |
| Others | 111 | 198 | 460 | 298 | 39.0% |
| Total | 1,963 | 2,792 | 5,204 | 5,450 | 40.5% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Spain in 2022:
- Italy (495.2 tons)
- Germany (94.2 tons)
- Netherlands (89.0 tons)
- France (75.4 tons)
- Latvia (14.4 tons)
- Austria (13.0 tons)
- Denmark (12.8 tons)
- United Kingdom (5.0 tons)
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