Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $2,405 per ton, picking up by 16% against the previous year. In general, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($4,441 per ton), while the price for China ($1,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru

In 2022, approx. 32 tons of acids; saturated acyclic monocarboxylic acids; formic acids were imported into Peru; waning by -77% compared with 2021 figures. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 134%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids fell remarkably to $78K in 2022. Overall, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 194%.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13424.611628.9-40.0%
Netherlands31.312.619.47.9-36.8%
Chile29.619.423.27.3-37.3%
China15.55.06.12.0-49.5%
Belgium7.05.35.41.4-41.5%
Switzerland4.81.82.40.9-42.8%
Others15730.411829.5-42.7%
Total38099.029177.8-41.1%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Peru in 2022:

  1. Germany (11.5 tons)
  2. Netherlands (4.6 tons)
  3. China (1.9 tons)
  4. Chile (1.6 tons)
  5. Belgium (0.6 tons)
  6. Switzerland (0.4 tons)

Source: IndexBox Market Intelligence Platform

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