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

Contents:

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

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

The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $28,571 per ton in 2022, growing by 15% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. Over the period under review, average import prices reached the maximum at $46,600 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2017 to 2022, the rate of growth in terms of prices for Spain amounted to +5.5% per year.

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

For the third consecutive year, Paraguay recorded growth in purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses, which increased by 40% to 7 kg in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses soared to $200 in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Paraguay (USD)
COUNTRY202020212022CAGR,
2020-2022
India94.067.020045.9%
Spain8.057.0N/A612.5%
OthersN/AN/AN/A0%
Total10212420040.0%

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

  1. India (7.0 kg)

Source: IndexBox Market Intelligence Platform

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