Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile - 2023

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile (CIF) - 2022

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $14,282 per ton, shrinking by -14.3% against the previous year. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 55%. Over the period under review, average import prices hit record highs at $87,300 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 ($29,320 per ton), while the price for Spain amounted to $10,869 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.0%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile

In 2022, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Chile skyrocketed to 181 kg, picking up by 35% on 2021 figures. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 185%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $2.6K in 2022. Over the period under review, imports, however, saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 91%.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A23.0N/A1,663750.3%
China2,834835878733-36.3%
United KingdomN/AN/A252N/A0%
IndiaN/AN/A682N/A0%
Others272309421189-11.4%
Total3,1061,1672,2332,585-5.9%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Chile in 2022:

  1. Spain (153.0 kg)
  2. China (25.0 kg)

Source: IndexBox Market Intelligence Platform

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