Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $953 per ton, jumping by 35% against the previous year. Overall, the import price showed a mild increase. The most prominent rate of growth was recorded in 2017 an increase of 113% against the previous year. The import price peaked at $1,558 per ton in 2018; however, from 2019 to 2022, 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 Belgium ($4,010 per ton), while the price for Finland ($757 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $2,629 per ton in 2022, with an increase of 236% against the previous year. Over the period under review, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,017 per ton), while the average price for exports to Finland stood at $1,699 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia
After three years of growth, supplies from abroad of acids; saturated acyclic monocarboxylic acids; formic acids decreased by -20.9% to 702 tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 888 tons, and then fell rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids expanded sharply to $669K in 2022. Overall, imports continue to indicate a abrupt shrinkage.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 383 | 469 | 474 | 482 | 8.0% |
| Belgium | N/A | 143 | 97.4 | 124 | -6.9% |
| Lithuania | N/A | 2.8 | 1.7 | 30.0 | 227.3% |
| Poland | 6.7 | 3.2 | 15.8 | 22.2 | 49.1% |
| China | 22.6 | 9.6 | 33.6 | N/A | 21.9% |
| Others | 439 | 1.2 | 2.8 | 10.4 | -71.3% |
| Total | 851 | 628 | 625 | 669 | -7.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Estonia in 2022:
- Finland (636.9 tons)
- Belgium (31.0 tons)
- Poland (16.2 tons)
- Lithuania (14.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; formic acids, when their volume decreased by -84.1% to 3.6 tons. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 216%. As a result, the exports attained the peak of 23 tons, and then contracted dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids dropped sharply to $9.6K in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $18K, and then declined remarkably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 7.8 | 0% |
| Finland | N/A | N/A | N/A | 1.8 | 0% |
| Latvia | 5.7 | 0.1 | 0.1 | N/A | -86.8% |
| Lithuania | N/A | 7.1 | 17.8 | N/A | 150.7% |
| Others | 5.7 | N/A | N/A | N/A | 0% |
| Total | 11.4 | 7.2 | 17.9 | 9.6 | -5.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Estonia in 2022:
- Russia (2.6 tons)
- Finland (1.1 tons)
71
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Estonia.
492
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Estonia.
115
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Estonia.
57
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Estonia.
203
This report provides an in-depth analysis of the market for salts of acetic acid in Estonia.
111
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Estonia.
142
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Estonia.
105
This report provides an in-depth analysis of the ethyl acetate market in Estonia.
47
This report provides an in-depth analysis of the acetic anhydride market in Estonia.
90
This report provides an in-depth analysis of the acetic acid market in Estonia.
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.
929
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...
1412
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...
208
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...
966
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.
1076
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...
