Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $10,667 per ton in 2022, increasing by 74% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 162%. As a result, import price reached the peak level of $11,400 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +8.9% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka
In 2022, the amount of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses imported into Sri Lanka soared to 18 kg, growing by 157% against the previous year. Over the period under review, imports enjoyed modest growth.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $192 in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 362% against the previous year. As a result, imports reached the peak of $342. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 74.0 | 88.0 | 38.0 | 192 | 37.4% |
| Others | N/A | 254 | 5.0 | N/A | -98.0% |
| Total | 74.0 | 342 | 43.0 | 192 | 37.4% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Sri Lanka in 2022:
- India (18.0 kg)
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