Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,299 per ton in 2022, picking up by 62% against the previous year. Over the period under review, the import price recorded measured growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 63%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
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 Sweden ($1,388 per ton), while the price for Hong Kong SAR ($699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt
In 2022, imports of acids; saturated acyclic monocarboxylic acids; formic acids into Egypt surged to 4.7K tons, picking up by 46% on the year before. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids skyrocketed to $6.1M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 283 | 502 | 327 | 445 | 16.3% |
| China | 530 | 290 | 315 | 418 | -7.6% |
| Finland | 321 | 148 | 109 | 257 | -7.1% |
| Taiwan (Chinese) | 14.1 | 87.9 | 179 | 235 | 155.4% |
| Sweden | 11.4 | 14.0 | 24.2 | 103 | 108.3% |
| Saudi Arabia | 4.0 | 4.8 | 81.6 | 61.4 | 148.5% |
| Netherlands | 8.2 | 15.5 | 34.0 | 51.0 | 83.9% |
| India | 18.1 | 28.4 | 64.0 | 39.5 | 29.7% |
| Hong Kong SAR | 16.8 | 16.3 | 18.5 | 24.7 | 13.7% |
| Others | 1,348 | 1,074 | 1,421 | 4,450 | 48.9% |
| Total | 2,556 | 2,181 | 2,574 | 6,084 | 33.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Egypt in 2022:
- China (467.4 tons)
- Germany (321.0 tons)
- Taiwan (Chinese) (274.8 tons)
- Finland (185.3 tons)
- Sweden (74.1 tons)
- Netherlands (60.6 tons)
- Saudi Arabia (44.3 tons)
- Hong Kong SAR (35.2 tons)
- India (28.4 tons)
417
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Egypt.
446
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Egypt.
79
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Egypt.
107
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Egypt.
518
This report provides an in-depth analysis of the market for salts of acetic acid in Egypt.
404
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Egypt.
557
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Egypt.
428
This report provides an in-depth analysis of the ethyl acetate market in Egypt.
415
This report provides an in-depth analysis of the acetic anhydride market in Egypt.
744
This report provides an in-depth analysis of the acetic acid market in Egypt.
279
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
930
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1413
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
209
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
987
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
902
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
968
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
1006
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
314
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
1077
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
