Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $26,200 per ton, increasing by 19% against the previous year. In general, the import price, however, showed a noticeable slump. Over the period under review, average import prices attained the peak figure at $38,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany amounted to -2.5% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania
In 2022, approx. 5 kg of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses were imported into Lithuania; with a decrease of -54.5% compared with the year before. In general, imports saw a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 1,000%. As a result, imports reached the peak of 11 kg, and then reduced markedly in the following year.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses contracted sharply to $131 in 2022. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 1,110%. As a result, imports reached the peak of $242, and then contracted remarkably in the following year.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Lithuania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 227 | 20.0 | 233 | 131 | -16.7% |
| Belgium | N/A | N/A | 9.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 227 | 20.0 | 242 | 131 | -16.7% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Lithuania in 2022:
- Germany (5.0 kg)
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