Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,086 per ton in 2022, growing by 49% against the previous year. Over the period under review, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $2,045 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Finland ($1,525 per ton), while the price for Sweden ($1,008 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,756 per ton, surging by 9.6% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 152% against the previous year. The export price peaked at $3,629 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($29,167 per ton), while the average price for exports to Germany ($712 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; formic acids decreased by -28.3% to 19K tons, falling for the second consecutive year after two years of growth. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.5% against the previous year. As a result, imports attained the peak of 26K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids amounted to $20M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 57%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 5.8 | 10.2 | 9.9 | 33.1% |
| China | 5.7 | 3.7 | 5.8 | 6.6 | 5.0% |
| Sweden | 1.0 | 1.1 | 1.4 | 2.0 | 26.0% |
| Netherlands | 0.3 | N/A | 0.4 | 0.7 | 32.6% |
| Finland | 1.5 | 0.9 | 0.6 | 0.6 | -26.3% |
| Belgium | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Others | 14.3 | 0.2 | 0.3 | 0.2 | -75.9% |
| Total | 27.5 | 12.0 | 18.9 | 20.2 | -9.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Spain in 2022:
- Germany (9.0K tons)
- China (6.2K tons)
- Sweden (2.0K tons)
- Netherlands (0.6K tons)
- Finland (0.4K tons)
- Belgium (0.2K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain
In 2022, approx. 953 tons of acids; saturated acyclic monocarboxylic acids; formic acids were exported from Spain; jumping by 22% against 2021. Over the period under review, exports, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $1.7M in 2022. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 70%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.4 | 0.6 | 187 | 310 | 818.5% |
| Portugal | 409 | 233 | 248 | 285 | -11.3% |
| Brazil | 0.1 | 0.5 | 0.8 | 213 | 1186.6% |
| France | 210 | 166 | 320 | 141 | -12.4% |
| Turkey | 0.4 | 0.8 | 1.8 | 137 | 599.7% |
| Algeria | 57.2 | 46.7 | N/A | 137 | 33.8% |
| Morocco | 19.6 | 30.8 | 42.6 | 133 | 89.3% |
| Cuba | 66.7 | 39.1 | 78.6 | 46.9 | -11.1% |
| Germany | 76.5 | 19.7 | 51.5 | 21.7 | -34.3% |
| Others | 1,214 | 201 | 325 | 250 | -40.9% |
| Total | 2,054 | 738 | 1,255 | 1,674 | -6.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Spain in 2022:
- Portugal (211.0 tons)
- Morocco (128.9 tons)
- Turkey (111.9 tons)
- Algeria (103.6 tons)
- France (100.9 tons)
- Switzerland (81.8 tons)
- Brazil (53.7 tons)
- Germany (30.4 tons)
- Cuba (24.3 tons)
316
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Spain.
517
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Spain.
89
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Spain.
115
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Spain.
353
This report provides an in-depth analysis of the market for salts of acetic acid in Spain.
392
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Spain.
342
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Spain.
404
This report provides an in-depth analysis of the ethyl acetate market in Spain.
367
This report provides an in-depth analysis of the acetic anhydride market in Spain.
384
This report provides an in-depth analysis of the acetic acid market in Spain.
272
In November 2022, there was a significant increase in imports, with a growth rate of 31% m-o-m. However, the value of imports for Saturated Acyclic Monocarboxylic Acids decreased to $36M in August 2023.
104
Imports of Acetic Anhydride peaked at 12K tons before decreasing the following year. The value of imports also saw a significant decline to $12M in 2023.
351
In March 2023, the acetic anhydride price stood at $1,013 per ton (CIF, Spain), picking up by 1.9% against 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...
