Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,665 per ton, with an increase of 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($4,113 per ton), while the price for the United States ($1,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $3,794 per ton in 2022, falling by -68% against the previous year. Overall, the export price, however, recorded a slight expansion. The growth pace was the most rapid in 2021 an increase of 332% against the previous year. As a result, the export price attained the peak level of $11,861 per ton, and then reduced sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($9,388 per ton), while the average price for exports to Ireland ($2,267 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 Brazil (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK
In 2022, approx. 14K tons of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses were imported into the UK; picking up by 8.6% compared with the year before. Over the period under review, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 19K 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 surged to $23M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 7.2 | 7.7 | 9.7 | 34.3% |
| Netherlands | 7.0 | 8.2 | 3.5 | 5.9 | -5.5% |
| United States | 1.7 | 1.7 | 1.2 | 3.3 | 24.7% |
| Sweden | 3.6 | 1.3 | 2.5 | 0.9 | -37.0% |
| Italy | 0.1 | 0.3 | 0.1 | 0.8 | 100.0% |
| Belgium | 1.1 | 0.7 | 0.7 | 0.8 | -10.1% |
| Others | 2.0 | 2.1 | 1.8 | 1.4 | -11.2% |
| Total | 19.6 | 21.5 | 17.5 | 22.8 | 5.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to the UK in 2022:
- Germany (6.4K tons)
- United States (2.8K tons)
- Netherlands (2.7K tons)
- Belgium (0.6K tons)
- Sweden (0.5K tons)
- Italy (0.4K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -76.8% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 115% against the previous year. As a result, the exports attained the peak of 5.7K tons, and then reduced notably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses declined dramatically to $5M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 131%. As a result, the exports attained the peak of $17M, and then fell remarkably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.7 | 2.0 | 13.0 | 1.7 | 0.0% |
| United States | 0.7 | 1.0 | 0.9 | 1.1 | 16.3% |
| Germany | 1.4 | 0.9 | 0.6 | 0.3 | -40.2% |
| Czech Republic | 0.1 | 0.3 | N/A | 0.2 | 26.0% |
| Mexico | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Ireland | 0.9 | 0.6 | 0.3 | 0.2 | -39.4% |
| Bulgaria | N/A | 0.1 | N/A | 0.1 | 0.0% |
| France | 0.7 | 0.5 | 0.3 | N/A | -34.5% |
| Others | 1.5 | 1.6 | 1.4 | 1.2 | -7.2% |
| Total | 7.2 | 7.3 | 16.8 | 5.0 | -11.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from the UK in 2022:
- Netherlands (475.8 tons)
- United States (279.8 tons)
- Germany (100.7 tons)
- Ireland (74.0 tons)
- Czech Republic (62.1 tons)
- Mexico (51.4 tons)
- Bulgaria (23.1 tons)
- France (8.4 tons)
101
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in the UK.
516
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in the UK.
106
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in the UK.
372
This report provides an in-depth analysis of the market for salts of acetic acid in the UK.
398
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in the UK.
376
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in the UK.
277
This report provides an in-depth analysis of the market for formic acid, its salts and esters in the UK.
377
This report provides an in-depth analysis of the ethyl acetate market in the UK.
360
This report provides an in-depth analysis of the acetic anhydride market in the UK.
517
This report provides an in-depth analysis of the acetic acid market in the UK.
299
In March 2023, the price of salts of acetic acid was $4,365 per ton (FOB, United Kingdom), experiencing a decrease of -5.6% compared to the previous month.
295
The pace of growth for Acetic Anhydride was remarkably rapid in January 2023, experiencing a staggering month-to-month increase of 105%. In terms of value, imports of Acetic Anhydride declined to $260K in August 2023.
270
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
926
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1402
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
191
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
983
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
888
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
962
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
995
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
