Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (CIF) - 2024
In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $923 per ton, remaining constant against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 3.7% month-to-month. The import price peaked in September 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.8% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,127 per ton in 2022, declining by -4% against the previous year. Over the last seven years, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 when the average export price increased by 46%. As a result, the export price attained the peak level of $1,222 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($1,755 per ton), while the average price for exports to Norway ($185 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into Italy dropped slightly to 28K tons in 2022, approximately reflecting 2021. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 8.8% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $33M in 2022. Overall, imports showed a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.4 | 5.8 | 10.4 | 13.7 | 22.8% |
| China | 4.0 | 2.7 | 5.6 | 9.5 | 33.4% |
| Finland | 4.1 | 2.9 | 3.1 | 5.6 | 11.0% |
| Netherlands | 0.2 | 0.2 | 0.4 | 1.5 | 95.7% |
| Belgium | 0.5 | 0.5 | 0.2 | 1.0 | 26.0% |
| Denmark | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Sweden | 0.7 | 1.0 | 1.3 | 0.5 | -10.6% |
| Others | 17.3 | 0.4 | 0.8 | 0.2 | -77.4% |
| Total | 34.2 | 13.5 | 21.9 | 32.6 | -1.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Italy in 2022:
- Germany (11.4K tons)
- China (8.8K tons)
- Finland (4.9K tons)
- Netherlands (1.1K tons)
- Belgium (0.7K tons)
- Denmark (0.5K tons)
- Sweden (0.5K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy
Exports of acids; saturated acyclic monocarboxylic acids; formic acids from Italy shrank to 1.7K tons in 2022, dropping by -4.4% on the previous year's figure. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 153%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids declined to $1.9M in 2022. Overall, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 191% against the previous year. As a result, the exports reached the peak of $2.1M, and then dropped in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 68.0 | 40.4 | 216 | 410 | 82.0% |
| Azerbaijan | N/A | N/A | 219 | 185 | -15.5% |
| France | 64.2 | 63.5 | 135 | 183 | 41.8% |
| Venezuela | 80.0 | 163 | 149 | 146 | 22.2% |
| Croatia | 83.0 | 53.3 | 86.9 | 145 | 20.4% |
| Egypt | 19.0 | 12.4 | 20.9 | 123 | 86.4% |
| Tunisia | 19.2 | 1.2 | 41.6 | 89.6 | 67.1% |
| Turkey | 52.7 | 14.7 | 224 | 66.4 | 8.0% |
| Norway | N/A | N/A | 12.2 | 53.3 | 336.9% |
| Algeria | 78.5 | 19.0 | 28.4 | 51.7 | -13.0% |
| Austria | 26.8 | 6.9 | 47.3 | 47.5 | 21.0% |
| Switzerland | 28.7 | 25.2 | 42.7 | 46.2 | 17.2% |
| Serbia | N/A | N/A | 30.1 | 40.3 | 33.9% |
| Others | 1,323 | 312 | 820 | 317 | -37.9% |
| Total | 1,843 | 712 | 2,073 | 1,904 | 1.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Italy in 2022:
- Morocco (292.9 tons)
- Norway (288.4 tons)
- Croatia (138.8 tons)
- Austria (138.0 tons)
- France (136.1 tons)
- Azerbaijan (105.3 tons)
- Venezuela (94.7 tons)
- Egypt (79.4 tons)
- Tunisia (69.6 tons)
- Serbia (43.3 tons)
- Turkey (40.8 tons)
- Algeria (34.6 tons)
- Switzerland (27.2 tons)
375
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Italy.
523
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Italy.
51
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Italy.
87
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Italy.
395
This report provides an in-depth analysis of the market for salts of acetic acid in Italy.
394
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Italy.
447
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Italy.
354
This report provides an in-depth analysis of the ethyl acetate market in Italy.
314
This report provides an in-depth analysis of the acetic anhydride market in Italy.
613
This report provides an in-depth analysis of the acetic acid market in Italy.
309
Imports of Salts of Acetic Acid witnessed a notable decline, reaching a value of $864K in June 2023.
247
In December of 2022, the price of ethyl acetate was $1,338 per ton (CIF, Italy), a decrease of 3.2% from the previous month.
378
The price of Acetic Anhydride reached $1,479 per ton (CIF, Italy) in April 2023, similar to the previous month.
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...
967
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...
