Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $3,295 per ton, with an increase of 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Italy ($3,295 per ton), while the price for Slovenia ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.1%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia

In 2022, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Croatia expanded notably to 60 tons, with an increase of 15% against 2021 figures. In general, imports, however, showed a drastic downturn.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids soared to $199K in 2022. Over the period under review, imports showed a relatively flat trend pattern.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy195201157191-0.7%
SpainN/AN/AN/A4.70%
OthersN/A34.73.92.7-72.1%
Total1952361611990.7%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Croatia in 2022:

  1. Italy (58.1 tons)
  2. Spain (1.5 tons)

Source: IndexBox Market Intelligence Platform

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