Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark - 2023
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $21,000 per ton, which is down by -88.9% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 308% against the previous year. As a result, import price attained the peak level of $188,600 per ton, and then shrank rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +34.4% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark
In 2022, the amount of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses imported into Denmark contracted markedly to 4 kg, which is down by -60% compared with 2021 figures. Over the period under review, imports saw a sharp downturn. The smallest decline of -16.7% was in 2021.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses declined dramatically to $84 in 2022. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. As a result, imports reached the peak of $1.9K, and then reduced sharply in the following year.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Denmark (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 537 | 468 | 132 | 84.0 | -46.1% |
| Spain | 237 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 87.0 | 32.0 | N/A | -63.2% |
| Sweden | N/A | N/A | 1,648 | N/A | 0% |
| United States | N/A | N/A | 74.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 774 | 555 | 1,886 | 84.0 | -52.3% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Denmark in 2022:
- Germany (4.0 kg)
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