Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sudan - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sudan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sudan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sudan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,989 per ton in 2022, with an increase of 5.4% against the previous year. Over the period under review, the import price saw buoyant growth. The growth pace was the most rapid in 2017 an increase of 73% against the previous year. Over the period under review, average import prices attained the peak figure at $4,629 per ton in 2019; however, from 2020 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 Arab Emirates ($3,877 per ton), while the price for the Netherlands ($1,633 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 Arab Emirates (+16.1%), 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 Sudan
In 2022, after three years of growth, there was significant decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses, when their volume decreased by -89.5% to 757 kg. Overall, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 82%. As a result, imports attained the peak of 7.2 tons, and then contracted markedly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped notably to $1.9K in 2022. In general, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of $20K, and then shrank sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.2 | 1.4 | 1.7 | 0.7 | 51.8% |
| Germany | 8.2 | 7.5 | 17.4 | 0.7 | -56.0% |
| United Arab Emirates | 1.8 | 1.7 | 1.3 | 0.5 | -34.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.2 | 10.6 | 20.4 | 1.9 | -42.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Sudan in 2022:
- Netherlands (422.0 kg)
- Germany (213.0 kg)
- United Arab Emirates (122.0 kg)
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