Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $2,521 per ton in 2022, shrinking by -16.2% against the previous year. Overall, the import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 264%. As a result, import price attained the peak level of $3,391 per ton. From 2019 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 Germany ($2,546 per ton), while the price for Finland ($898 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,901 per ton in 2022, dropping by -15.1% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 an increase of 189% against the previous year. As a result, the export price attained the peak level of $8,440 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2014 to 2022, the rate of growth in terms of prices for Georgia amounted to -4.9% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; formic acids increased by 36% to 409 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a dramatic contraction.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids totaled $1M in 2022. Overall, imports, however, faced a dramatic downturn.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 208 | 0% |
| Russia | 93.0 | 170 | 326 | 121 | 9.2% |
| China | 60.2 | 47.6 | 35.0 | 103 | 19.6% |
| Germany | 685 | 380 | 17.7 | 66.9 | -53.9% |
| United States | 187 | N/A | 12.6 | 15.0 | -56.9% |
| Belarus | N/A | N/A | 60.4 | N/A | 0% |
| Others | 1,025 | 598 | 452 | 518 | -20.3% |
| Total | 2,051 | 1,195 | 904 | 1,032 | -20.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Kazakhstan in 2022:
- Finland (231.1 tons)
- China (84.0 tons)
- Russia (64.6 tons)
- Germany (26.3 tons)
- United States (2.8 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan
Exports of acids; saturated acyclic monocarboxylic acids; formic acids from Kazakhstan soared to 385 tons in 2022, growing by 119,537% on 2021 figures. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $732K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 366 | 0% |
| Others | 11.7 | 47.6 | 0.7 | 366 | 215.1% |
| Total | 11.7 | 47.6 | 0.7 | 732 | 297.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Kazakhstan in 2022:
- Russia (192.5 tons)
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