Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,216 per ton in 2022, with a decrease of -2.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $2,299 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($3,792 per ton), while the price for China ($1,722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $3,033 per ton, growing by 34% against the previous year. Overall, the export price recorded buoyant growth. Over the period under review, the average export prices reached the peak figure at $24,833 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($3,143 per ton), while the average price for exports to Turkey ($2,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+5.9%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia
Imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Serbia skyrocketed to 134 tons in 2022, picking up by 33% on the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of 140 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses skyrocketed to $297K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 119% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 100 | 195 | 149 | 222 | 30.5% |
| China | 11.4 | 6.2 | 27.3 | 56.0 | 70.0% |
| Netherlands | N/A | 37.5 | 41.4 | 15.6 | -35.5% |
| Hungary | N/A | 9.7 | 7.6 | N/A | -21.6% |
| Belgium | 1.7 | 9.3 | 0.1 | N/A | -75.7% |
| Others | 3.9 | 0.4 | 4.4 | 3.9 | 0.0% |
| Total | 118 | 258 | 229 | 297 | 36.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Serbia in 2022:
- Germany (93.5 tons)
- China (32.5 tons)
- Netherlands (7.0 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia
In 2022, after two years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses, when their volume decreased by -96.5% to 73 kg. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 1,725%. As a result, the exports reached the peak of 2.1 tons, and then dropped remarkably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses reduced remarkably to $221 in 2022. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 552% against the previous year. As a result, the exports attained the peak of $4.9K, and then shrank dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Bosnia and Herzegovina | 618 | 353 | 182 | -45.7% | |
| Montenegro | 127 | N/A | 22.0 | -58.4% | |
| Turkey | N/A | N/A | 17.0 | 0% | |
| Denmark | N/A | 4,506 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 745 | 4,859 | 221 | -45.5% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Serbia in 2022:
- Bosnia and Herzegovina (60.0 kg)
- Montenegro (7.0 kg)
- Turkey (6.0 kg)
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