Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland - 2024
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland (CIF) - 2024
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland (CIF) - 2024
In January 2024, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $5,405 per ton, picking up by 60% against the previous month. In general, the import price saw tangible growth. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 627% m-o-m. As a result, import price reached the peak level of $35,865 per ton. From October 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($10,043 per ton), while the price for Germany ($3,510 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+8.5%), 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 Switzerland (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $13,920 per ton in 2022, declining by -33.4% against the previous year. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $23,122 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,476 per ton), while the average price for exports to Spain stood at $4,647 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-4.0%).
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Switzerland surged to 6.4K tons, growing by 40% compared with the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2020 indices. As a result, imports reached 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 $23M in 2022. Overall, imports posted strong growth. 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.8 | 3.4 | 4.9 | 8.1 | 19.1% |
| China | 3.9 | 2.0 | 3.9 | 6.7 | 19.8% |
| Czech Republic | 2.6 | 2.0 | 2.1 | 2.5 | -1.3% |
| Germany | 0.3 | 0.4 | 1.3 | 2.2 | 94.3% |
| Netherlands | N/A | 0.1 | 1.5 | 1.5 | 287.3% |
| United Kingdom | 1.7 | 1.6 | 0.2 | 1.5 | -4.1% |
| Finland | 0.7 | 0.8 | 0.1 | N/A | -62.2% |
| Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Total | 14.1 | 10.5 | 14.3 | 22.7 | 17.2% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Switzerland in 2022:
- China (2467.1 tons)
- India (1850.7 tons)
- Czech Republic (697.4 tons)
- Germany (681.3 tons)
- Netherlands (337.5 tons)
- United Kingdom (311.9 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland
In 2022, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were finally on the rise to reach 39 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses rose sharply to $547K in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 369 | 400 | 315 | 439 | 6.0% |
| Others | 68.3 | 119 | 191 | 108 | 16.5% |
| Total | 438 | 519 | 506 | 547 | 7.7% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Switzerland in 2022:
- Germany (38.2 tons)
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