Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,832 per ton, increasing by 116% against the previous year. Overall, the import price, however, recorded a mild downturn. Over the period under review, average import prices hit record highs at $2,129 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($2,549 per ton), while the price for Sweden ($657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into Paraguay skyrocketed to 320 tons in 2022, increasing by 44% on the previous year. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $587K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.5 | 4.4 | 30.4 | 144 | 85.7% |
| United States | 57.0 | 9.8 | 9.0 | 66.5 | 5.3% |
| Germany | 32.0 | 26.1 | 36.9 | 49.4 | 15.6% |
| Finland | 18.5 | 16.0 | 24.0 | 37.0 | 26.0% |
| Sweden | 7.7 | 8.7 | 16.3 | 21.4 | 40.6% |
| Uruguay | 15.9 | 9.8 | 8.3 | 17.1 | 2.5% |
| Others | 67.0 | 25.7 | 64.4 | 252 | 55.5% |
| Total | 221 | 100 | 189 | 587 | 38.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Paraguay in 2022:
- China (125.9 tons)
- United States (54.9 tons)
- Sweden (32.6 tons)
- Germany (23.3 tons)
- Finland (14.5 tons)
- Uruguay (7.4 tons)
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