Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $4,045 per ton in 2022, reducing by -15.6% against the previous year. In general, the import price recorded a slight setback. The pace of growth was the most pronounced in 2014 an increase of 170%. As a result, import price reached the peak level of $15,646 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 Austria ($5,955 per ton), while the price for the UK ($3,770 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.6%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Romania soared to 13 tons, surging by 79% against the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids soared to $51K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 104%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.9 | 3.5 | 7.1 | 34.5 | 57.1% |
| United Kingdom | N/A | 2.7 | 9.1 | 9.1 | 83.6% |
| Germany | 4.6 | 2.7 | 12.8 | 4.1 | -3.8% |
| Austria | 0.9 | 2.7 | 3.4 | 2.5 | 40.6% |
| Norway | N/A | 4.7 | N/A | N/A | 0% |
| Others | 1.0 | 0.2 | 1.2 | 0.5 | -20.6% |
| Total | 15.4 | 16.5 | 33.5 | 50.7 | 48.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Romania in 2022:
- Italy (8.8 tons)
- United Kingdom (2.4 tons)
- Germany (0.9 tons)
- Austria (0.4 tons)
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