Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Pakistan - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Pakistan (CIF) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Pakistan
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Pakistan (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,481 per ton, increasing by 12% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 56%. As a result, import price reached the peak level of $5,451 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,733 per ton), while the price for China ($2,472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Pakistan
For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, which increased by 58% to 1.1K tons in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $2.7M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,381 | 1,942 | 1,336 | 2,584 | 23.2% |
| Spain | 85.5 | 23.6 | 155 | 65.5 | -8.5% |
| Others | 97.1 | 44.8 | 22.9 | 24.8 | -36.6% |
| Total | 1,564 | 2,011 | 1,513 | 2,674 | 19.6% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Pakistan in 2022:
- China (1045.4 tons)
- Spain (24.5 tons)
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