Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $3,846 per ton in 2022, growing by 28% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The import price peaked at $4,975 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,691 per ton), while the price for Germany ($2,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $4,640 per ton, picking up by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 25% against the previous year. The export price peaked at $23,676 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($8,510 per ton), while the average price for exports to Argentina ($4,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+0.9%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil
In 2022, after three years of growth, there was significant decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; esters of formic acids, when their volume decreased by -21% to 999 tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 158%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids totaled $3.8M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 151%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 556 | 1,351 | 2,323 | 2,443 | 63.8% |
| China | 146 | 419 | 610 | 635 | 63.2% |
| Germany | 195 | 811 | 576 | 384 | 25.3% |
| Italy | 45.5 | 68.1 | 48.0 | 124 | 39.7% |
| Others | 247 | 332 | 239 | 254 | 0.9% |
| Total | 1,189 | 2,981 | 3,795 | 3,840 | 47.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Brazil in 2022:
- India (615.2 tons)
- Germany (164.9 tons)
- China (154.5 tons)
- Italy (51.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil
In 2022, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids from Brazil dropped markedly to 7.8 tons, with a decrease of -68.7% compared with the previous year's figure. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 1,054% against the previous year. As a result, the exports attained the peak of 25 tons, and then shrank significantly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids fell dramatically to $36K in 2022. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,075%. As a result, the exports reached the peak of $93K, and then declined remarkably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 14.0 | 6.5 | 21.6 | 28.1 | 26.1% |
| Colombia | 2.4 | 1.4 | 0.1 | 3.8 | 16.6% |
| Bolivia | N/A | N/A | 56.4 | 3.5 | -93.8% |
| Oman | N/A | N/A | 14.0 | N/A | 0% |
| Honduras | 22.7 | N/A | N/A | N/A | 0% |
| Others | 3.4 | N/A | 1.3 | 0.9 | -35.8% |
| Total | 42.5 | 8.0 | 93.4 | 36.3 | -5.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Brazil in 2022:
- Argentina (6.5 tons)
- Bolivia (0.8 tons)
- Colombia (0.4 tons)
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