Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan (CIF) - 2024
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,664 per ton in May 2023, picking up by 26% against the previous month. Over the period from February 2023 to May 2023, it increased at an average monthly rate of +6.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($1,731 per ton), while the price for China ($1,263 per ton) was amongst the lowest.
From February 2023 to May 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; formic acids imported into Uzbekistan soared to 1.6K tons, increasing by 22% against the previous year. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $2.1M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 174 | 143 | 209 | 454 | 37.7% |
Germany | 53.1 | 68.1 | 181 | 339 | 85.5% |
China | 107 | 80.8 | 80.4 | 170 | 16.7% |
Iran | 21.8 | 13.2 | 5.4 | 30.5 | 11.8% |
Sweden | 8.0 | 8.3 | 3.9 | 22.8 | 41.8% |
France | 8.4 | 10.7 | 16.8 | 17.0 | 26.5% |
Others | 402 | 370 | 559 | 1,085 | 39.2% |
Total | 775 | 694 | 1,055 | 2,119 | 39.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Uzbekistan in 2022:
- Turkey (508.1 tons)
- China (262.7 tons)
- Germany (181.3 tons)
- Iran (28.2 tons)
- France (23.1 tons)
- Sweden (16.8 tons)
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Uzbekistan.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Uzbekistan.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Uzbekistan.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Uzbekistan.
This report provides an in-depth analysis of the market for salts of acetic acid in Uzbekistan.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Uzbekistan.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Uzbekistan.
This report provides an in-depth analysis of the ethyl acetate market in Uzbekistan.
This report provides an in-depth analysis of the acetic anhydride market in Uzbekistan.
This report provides an in-depth analysis of the acetic acid market in Uzbekistan.
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