Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $16,799 per ton, surging by 115% against the previous year. In general, the import price posted a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 1,106% against the previous year. As a result, import price attained the peak level of $18,878 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($23,071 per ton), while the price for Spain ($2,109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,495 per ton in 2022, shrinking by -21.1% against the previous year. Over the period under review, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 39%. As a result, the export price reached the peak level of $5,518 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($23,948 per ton), while the average price for exports to the UK ($978 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium

Imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses into Belgium soared to 3.1K tons in 2022, increasing by 52% against the year before. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $52M in 2022. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.95.814.048.511.6%
France0.70.70.71.012.6%
India0.20.60.60.751.8%
Netherlands0.10.20.30.458.7%
Spain0.20.10.20.20.0%
Others0.10.10.11.2128.9%
Total36.17.415.952.012.9%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Belgium in 2022:

  1. China (2100.1 tons)
  2. France (376.2 tons)
  3. India (309.6 tons)
  4. Netherlands (123.2 tons)
  5. Spain (103.8 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium

Exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Belgium surged to 697 tons in 2022, jumping by 139% compared with the year before. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 226%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $1.7M in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 316% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49.05652311,060178.6%
United Kingdom16.113.657.9229142.3%
Netherlands45.588.669.314446.8%
France54.545.085.974.511.0%
Ghana6.79.723.7N/A88.1%
Others10542845423230.2%
Total2771,1509221,73884.4%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Belgium in 2022:

  1. Germany (320.7 tons)
  2. United Kingdom (233.8 tons)
  3. Netherlands (64.6 tons)
  4. France (58.2 tons)

Source: IndexBox Market Intelligence Platform

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