Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil - 2024
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $33,304 per ton in 2022, with a decrease of -13.7% against the previous year. Over the period under review, the import price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 181% against the previous year. Over the period under review, average import prices attained the peak figure at $38,587 per ton in 2021, and then declined in the following year.
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 ($41,376 per ton), while the price for India ($15,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil
In 2022, purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses was finally on the rise to reach 873 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep slump.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses dropped to $29K in 2022. In general, imports, however, showed a deep setback.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.0 | 9.7 | 12.8 | 13.0 | 2.7% |
| United States | 17.0 | 16.5 | 13.5 | 11.7 | -11.7% |
| India | 2.8 | 5.3 | 3.6 | 3.9 | 11.7% |
| United Kingdom | N/A | N/A | 1.2 | 0.4 | -66.7% |
| Spain | 2.1 | N/A | N/A | N/A | 0% |
| Germany | 5.2 | 1.3 | N/A | N/A | -75.0% |
| France | N/A | 2.4 | 0.3 | N/A | -87.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.1 | 35.2 | 31.4 | 29.1 | -9.4% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Brazil in 2022:
- China (314.0 kg)
- United States (289.0 kg)
- India (250.0 kg)
- United Kingdom (20.0 kg)
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