Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK (FOB) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK (CIF) - 2022
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $6,275 per ton, increasing by 1.8% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +37.6% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($26,113 per ton), while the average price for exports to Switzerland ($4,575 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 Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,417 per ton in 2022, surging by 106% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,030 per ton), while the price for China ($1,520 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses exported from the UK surged to 866 tons, increasing by 42% compared with the year before. Over the period under review, exports saw a relatively flat trend pattern.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $5.4M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 2,235 | 2,307 | 1,630 | 3,290 | 13.8% |
South Korea | 213 | 303 | 835 | 715 | 49.7% |
United States | 134 | 240 | 391 | 451 | 49.9% |
Germany | 246 | 275 | 219 | 309 | 7.9% |
Italy | 64.2 | 13.5 | 120 | 152 | 33.3% |
Others | 343 | 355 | 565 | 513 | 14.4% |
Total | 3,235 | 3,493 | 3,759 | 5,431 | 18.9% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from the UK in 2022:
- Switzerland (719.1 tons)
- South Korea (27.4 tons)
- United States (27.3 tons)
- Italy (21.4 tons)
- Germany (21.0 tons)
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in the UK
In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -7.3% to 1.3K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $3.1M in 2022. In general, imports, however, showed a significant 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 the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 879 | 1,274 | 954 | 1,388 | 16.4% |
France | 148 | 208 | 53.7 | 592 | 58.7% |
Germany | 154 | 194 | 242 | 445 | 42.4% |
India | 136 | 63.9 | 185 | 223 | 17.9% |
China | 10.1 | 36.9 | 46.0 | 147 | 144.2% |
Finland | 43.2 | 206 | 87.8 | N/A | 42.6% |
Others | 79.2 | 137 | 30.1 | 260 | 48.6% |
Total | 1,450 | 2,120 | 1,599 | 3,056 | 28.2% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to the UK in 2022:
- Spain (826.3 tons)
- France (158.1 tons)
- India (112.2 tons)
- China (96.8 tons)
- Germany (49.3 tons)
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