Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,985 per ton, waning by -20% against the previous year. Over the period under review, the import price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 96%. As a result, import price attained the peak level of $3,553 per ton. From 2020 to 2022, the average 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 Turkey ($3,084 per ton), while the price for China ($1,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -4.6% to 176 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. As a result, imports reached the peak of 530 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped significantly to $349K in 2022. Overall, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 9.9% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 88.8 | 88.5 | N/A | 123 | 11.5% |
China | 310 | 390 | 100 | 106 | -30.1% |
Germany | 114 | 258 | 65.6 | 63.0 | -17.9% |
Italy | N/A | 289 | N/A | 57.0 | -55.6% |
Bulgaria | N/A | N/A | 114 | N/A | 0% |
India | 472 | 5.7 | 174 | N/A | -39.3% |
Netherlands | 102 | 132 | N/A | N/A | 29.4% |
Others | 7.9 | 39.0 | 3.9 | N/A | -29.7% |
Total | 1,094 | 1,203 | 458 | 349 | -31.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Iran in 2022:
- China (92.0 tons)
- Turkey (40.0 tons)
- Germany (23.0 tons)
- Italy (21.0 tons)
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