Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $873 per ton in 2022, jumping by 36% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 133% against the previous year. As a result, import price attained the peak level of $2,184 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,612 per ton), while the price for the Netherlands ($638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador
In 2022, imports of acids; saturated acyclic monocarboxylic acids; formic acids into Ecuador skyrocketed to 900 tons, growing by 71% against the previous year. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,396%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids soared to $785K in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 329% against the previous year. As a result, imports reached the peak of $895K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.1 | 219 | 66.3 | 196 | 160.4% |
Germany | 57.7 | 184 | 94.5 | 180 | 46.1% |
Sweden | 5.2 | 41.4 | 6.0 | 7.9 | 15.0% |
Netherlands | 1.8 | 14.3 | 2.6 | 2.7 | 14.5% |
Others | 133 | 436 | 168 | 398 | 44.1% |
Total | 209 | 895 | 337 | 785 | 55.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Ecuador in 2022:
- China (263.9 tons)
- Germany (170.9 tons)
- Sweden (10.7 tons)
- Netherlands (4.3 tons)
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Ecuador.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Ecuador.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Ecuador.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Ecuador.
This report provides an in-depth analysis of the market for salts of acetic acid in Ecuador.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Ecuador.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Ecuador.
This report provides an in-depth analysis of the ethyl acetate market in Ecuador.
This report provides an in-depth analysis of the acetic anhydride market in Ecuador.
This report provides an in-depth analysis of the acetic acid market in Ecuador.
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