Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,578 per ton, shrinking by -2.8% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $3,334 per ton in 2012; however, from 2013 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 the United States ($13,064 per ton), while the price for China ($230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.4%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Angola dropped dramatically to 18 tons, declining by -26.8% compared with the year before. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 160%. As a result, imports reached the peak of 25 tons, and then fell significantly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses declined sharply to $29K in 2022. In general, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, imports reached the peak of $41K, and then contracted dramatically in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 13.9 | 14.8 | 35.1 | 24.8 | 21.3% |
India | 6.2 | 3.9 | 1.7 | 0.4 | -59.9% |
China | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Others | 1.8 | 1.8 | 4.0 | 3.9 | 29.4% |
Total | 22.0 | 20.6 | 41.0 | 29.2 | 9.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Angola in 2022:
- Portugal (17.1 tons)
- China (0.6 tons)
- India (0.3 tons)
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