Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,319 per ton in 2022, falling by -29.8% against the previous year. Over the period under review, the import price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 168% against the previous year. Over the period under review, average import prices attained the maximum at $1,878 per ton in 2021, and then fell sharply in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($1,633 per ton) and Germany ($1,555 per ton), while the price for China ($1,254 per ton) and Sweden ($1,263 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,661 per ton in 2022, growing by 25% against the previous year. In general, the export price recorded a notable increase. The export price peaked at $77,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -3.0% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into Ukraine declined to 1.1K tons in 2022, which is down by -13.7% against the previous year's figure. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids plummeted to $1.5M in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 189% against the previous year. As a result, imports reached the peak of $2.4M, and then declined rapidly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 646 | 337 | 814 | 529 | -6.4% |
| Germany | 153 | 71.8 | 148 | 97.4 | -14.0% |
| Poland | N/A | N/A | 222 | 57.0 | -74.3% |
| Sweden | 48.0 | N/A | N/A | 30.4 | -14.1% |
| Others | 863 | 420 | 1,212 | 738 | -5.1% |
| Total | 1,710 | 830 | 2,395 | 1,452 | -5.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Ukraine in 2022:
- China (421.6 tons)
- Germany (62.6 tons)
- Poland (34.9 tons)
- Sweden (24.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; formic acids decreased by -76.1% to 41 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,314% against the previous year. As a result, the exports reached the peak of 170 tons, and then fell notably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids plummeted to $68K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 931% against the previous year. As a result, the exports reached the peak of $226K, and then contracted rapidly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.7 | 3.1 | 109 | 33.8 | 57.2% |
| Kazakhstan | N/A | 3.6 | 3.6 | N/A | 0.0% |
| Romania | N/A | 4.3 | N/A | N/A | 0% |
| Others | 8.8 | 11.0 | 113 | 33.8 | 56.6% |
| Total | 17.5 | 21.9 | 226 | 67.6 | 56.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Ukraine in 2022:
- Netherlands (20.3 tons)
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