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

Contents:

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

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

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,081 per ton in 2022, picking up by 32% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +51.0% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 44%. Over the period under review, average import prices attained the peak figure at $2,596 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,933 per ton), while the price for Spain ($1,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), 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 Serbia (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $5,892 per ton in 2022, rising by 6.8% against the previous year. In general, the export price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 451% against the previous year. As a result, the export price reached the peak level of $22,432 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($8,444 per ton), while the average price for exports to South Africa ($4,100 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 North Macedonia (+38.1%), 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 Serbia

In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -13.9% to 24 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. As a result, imports attained the peak of 28 tons, and then shrank in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $50K in 2022. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 118% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Spain (21.6 tons)
2. Germany (2.1 tons)
3. China (0.3 tons)

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

Exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Serbia declined rapidly to 344 kg in 2022, reducing by -57.7% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, the exports reached the peak of 813 kg, and then contracted remarkably in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses reduced notably to $2K in 2022. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 77%. As a result, the exports attained the peak of $4.5K, and then shrank significantly in the following year.

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

1. Montenegro (227.0 kg)
2. South Africa (100.0 kg)
3. Bosnia and Herzegovina (9.0 kg)
4. Turkey (8.0 kg)

Source: IndexBox Market Intelligence Platform