Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,215 per ton, increasing by 5.8% against the previous year. Over the period under review, the import price saw a modest expansion. The growth pace was the most rapid in 2017 when the average import price increased by 169%. As a result, import price reached the peak level of $1,887 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($1,355 per ton) and Germany ($1,201 per ton), while the price for Belgium ($999 per ton) and Poland ($1,153 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,652 per ton, dropping by -25.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 103%. Over the period under review, the average export prices reached the peak figure at $6,224 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4,239 per ton), while the average price for exports to Austria ($668 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 Belgium (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; formic acids were finally on the rise to reach 2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt decrease.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids skyrocketed to $2.4M in 2022. Over the period under review, imports showed resilient 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 526 | 523 | 1,005 | 1,735 | 48.9% |
| Netherlands | 8.5 | 1.5 | 16.9 | 273 | 217.9% |
| Sweden | 20.2 | 47.5 | 74.5 | 164 | 101.0% |
| Finland | 1.5 | N/A | 8.4 | 121 | 332.1% |
| Poland | 158 | 188 | 129 | 94.8 | -15.7% |
| Belgium | 124 | 185 | 16.8 | 14.9 | -50.7% |
| China | 80.3 | N/A | 69.4 | N/A | -7.0% |
| Others | 964 | 25.5 | 57.6 | 28.1 | -69.2% |
| Total | 1,882 | 971 | 1,377 | 2,431 | 8.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to the Czech Republic in 2022:
- Germany (1444.7 tons)
- Netherlands (201.7 tons)
- Sweden (139.2 tons)
- Finland (100.9 tons)
- Poland (82.3 tons)
- Belgium (14.9 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Czech Republic
In 2022, exports of acids; saturated acyclic monocarboxylic acids; formic acids from the Czech Republic skyrocketed to 196 tons, jumping by 236% on 2021. Over the period under review, exports showed a significant expansion. 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 $324K in 2022. In general, exports saw a significant increase. 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 24.6 | 25.0 | 74.6 | 216 | 106.3% |
| Poland | 2.8 | 2.4 | 3.3 | 37.7 | 137.9% |
| Belgium | 28.1 | 35.5 | 42.1 | 34.3 | 6.9% |
| Denmark | N/A | 2.3 | N/A | 18.7 | 185.1% |
| Austria | 3.5 | 3.6 | 5.2 | 2.5 | -10.6% |
| Others | 69.8 | 3.9 | 4.2 | 14.6 | -40.6% |
| Total | 129 | 72.7 | 129 | 324 | 35.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from the Czech Republic in 2022:
- Slovakia (155.1 tons)
- Poland (21.2 tons)
- Belgium (8.8 tons)
- Denmark (4.4 tons)
- Austria (3.8 tons)
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