Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Czech Republic - 2023

Contents:

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

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

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $37,750 per ton, increasing by 9.4% against the previous year. Overall, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2018 an increase of 392% against the previous year. Over the period under review, average import prices hit record highs at $164,000 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China amounted to +8.9% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Czech Republic

After two years of decline, overseas purchases of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses decreased by -33.3% to 4 kg in 2022. Overall, imports recorded a precipitous shrinkage.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses reduced sharply to $151 in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Czech Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A186207151-9.9%
India274N/AN/AN/A0%
China15.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total289186207151-19.5%

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

  1. Germany (4.0 kg)

Source: IndexBox Market Intelligence Platform

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