Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,167 per ton, flattening at the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; formic acids increased by +87.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 87% against the previous year. The import price peaked at $1,353 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,405 per ton), while the price for Turkey ($595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; formic acids imported into Tunisia dropped notably to 116 tons, with a decrease of -44.8% compared with 2021. Over the period under review, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids dropped significantly to $136K in 2022. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 150%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.5 | 4.8 | 39.9 | 25.4 | -27.1% |
| Italy | 15.5 | 17.3 | 39.7 | 16.8 | 2.7% |
| China | 65.7 | 19.1 | 15.7 | 15.2 | -38.6% |
| Netherlands | 20.4 | 10.8 | 15.4 | 3.1 | -46.6% |
| Sweden | 23.3 | 11.8 | 16.3 | 2.8 | -50.7% |
| Turkey | 1.7 | 2.2 | 3.2 | 0.6 | -29.3% |
| Others | 211 | 31.9 | 115 | 71.7 | -30.2% |
| Total | 403 | 97.9 | 245 | 136 | -30.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Tunisia in 2022:
- China (24.1 tons)
- Germany (18.4 tons)
- Italy (11.9 tons)
- Netherlands (4.7 tons)
- Sweden (2.1 tons)
- Turkey (1.1 tons)
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