Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (FOB) - 2022
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (CIF) - 2022
- Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK
- Imports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (FOB) - 2022
In 2022, the average export price for acids; naphthenic acids, their water-insoluble salts and their esterses amounted to $2,450 per ton, waning by -7.6% against the previous year. In general, the export price saw a noticeable downturn. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. The export price peaked at $3,742 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Morocco.
From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to -4.1% per year.
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (CIF) - 2022
The average import price for acids; naphthenic acids, their water-insoluble salts and their esterses stood at $744 per ton in 2022, rising by 8.3% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14%. As a result, import price attained the peak level of $1,611 per ton. From 2015 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 the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to -7.3% per year.
Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK
After two years of decline, shipments abroad of acids; naphthenic acids, their water-insoluble salts and their esterses increased by 13% to 21 tons in 2022. Over the period under review, exports, however, showed a deep reduction.
In value terms, exports of acids; naphthenic acids, their water-insoluble salts and their esterses expanded slightly to $52K in 2022. In general, exports, however, recorded a perceptible descent.
| Export of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 58.8 | 54.5 | 50.5 | 52.5 | -3.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.8 | 54.5 | 50.5 | 52.5 | -3.7% |
Top Export Markets for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters from the UK in 2022:
- Morocco (21.4 tons)
Imports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK
In 2022, purchases abroad of acids; naphthenic acids, their water-insoluble salts and their esterses decreased by -1.4% to 17 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 2.9%.
In value terms, imports of acids; naphthenic acids, their water-insoluble salts and their esterses stood at $12K in 2022. Overall, imports continue to indicate a abrupt downturn.
| Import of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 15.0 | 13.2 | 11.6 | 12.4 | -6.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.0 | 13.2 | 11.6 | 12.4 | -6.1% |
Top Suppliers of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters to the UK in 2022:
- Philippines (16.7 tons)
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