Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (CIF) - 2024
In June 2023, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $870 per ton, waning by -26.5% against the previous month. Overall, the import price showed a deep contraction. The growth pace was the most rapid in May 2023 an increase of 22% against the previous month. As a result, import price attained the peak level of $1,184 per ton, and then declined significantly in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was China ($884 per ton), while the price for Taiwan (Chinese) amounted to $591 per ton.
From March 2023 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%).
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (FOB) - 2022
In 2021, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $2,121 per ton, with an increase of 69% against the previous year. Overall, the export price, however, continues to indicate a deep setback. Over the period under review, the average export prices hit record highs at $3,363 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($2,418 per ton), while the average price for exports to Bolivia stood at $1,645 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-3.4%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina
Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Argentina expanded sharply to 4.7K tons in 2022, surging by 12% on 2021 figures. Over the period under review, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses skyrocketed to $10M in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,593 | 1,449 | 1,394 | 2,498 | -1.2% |
| Sweden | 120 | 162 | 1,354 | 1,609 | 137.6% |
| Spain | 449 | 140 | 651 | 770 | 19.7% |
| Taiwan (Chinese) | 183 | 89.6 | 80.1 | 175 | -1.5% |
| Turkey | N/A | N/A | N/A | 100 | 0% |
| Others | 3,937 | 2,012 | 3,582 | 5,321 | 10.6% |
| Total | 7,283 | 3,853 | 7,062 | 10,472 | 12.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Argentina in 2022:
- China (2018.9 tons)
- Sweden (1204.3 tons)
- Spain (1063.7 tons)
- Taiwan (Chinese) (199.8 tons)
- Turkey (99.9 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina
In 2021, approx. 278 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Argentina; growing by 247% compared with 2020 figures. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $589K in 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Argentina (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United States | N/A | N/A | 414 | 0% |
| Bolivia | 339 | N/A | 176 | -27.9% |
| India | N/A | 100 | N/A | 0% |
| Others | 1.5 | N/A | N/A | 0% |
| Total | 340 | 100 | 589 | 31.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Argentina in 2022:
- United States (171.1 tons)
- Bolivia (106.8 tons)
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