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

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $11,868 per ton, picking up by 22% against the previous year. In general, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure at $19,122 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 Spain ($68,219 per ton), while the price for Italy ($4,136 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+216.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $49,914 per ton in 2022, falling by -2.7% against the previous year. Overall, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2017 an increase of 386% against the previous year. The export price peaked at $51,300 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($265,400 per ton), while the average price for exports to China ($28,627 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+98.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Ukraine was estimated at 812 kg, surging by 2.7% on 2021. Overall, imports, however, recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 38%. As a result, imports attained the peak of 1.6 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids surged to $9.6K in 2022. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $18K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.45.80.64.0-9.5%
Spain1.20.91.72.222.4%
Italy1.62.92.21.4-4.4%
Germany2.52.41.71.4-17.6%
India0.20.60.10.20.0%
United Kingdom2.43.0N/AN/A25.0%
Others0.31.91.30.410.1%
Total13.617.57.79.6-11.0%

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

  1. Italy (332.0 kg)
  2. China (313.0 kg)
  3. Germany (113.0 kg)
  4. Spain (32.0 kg)
  5. India (13.0 kg)
  6. United Kingdom (1.0 kg)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine

In 2022, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids from Ukraine surged to 58 kg, picking up by 480% on 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $2.9K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Ukraine (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5385131261,46039.5%
Georgia63.01261611,327176.2%
United States7.03.029.055.098.8%
Latvia13612914953.0-27.0%
Others9.0N/A48.0N/A130.9%
Total7537715132,89556.7%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Ukraine in 2022:

  1. China (51.0 kg)
  2. Georgia (5.0 kg)
  3. United States (1.0 kg)
  4. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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