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

Contents:

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

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

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $18,667 per ton, reducing by -8.4% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 115% against the previous year. As a result, import price attained the peak level of $20,385 per ton, and then shrank in the following year.

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 Germany ($23,500 per ton), while the price for the United States totaled $9,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+40.7%).

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

In 2022, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Sweden shrank remarkably to 3 kg, which is down by -76.9% on the year before. Over the period under review, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 550%.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses fell markedly to $56 in 2022. Overall, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 1,295% against the previous year.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Sweden (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42219.014147.0-51.9%
United StatesN/AN/A1249.0-92.7%
OthersN/AN/AN/AN/A0%
Total42219.026556.0-49.0%

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

  1. Germany (2.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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