Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (CIF) - 2024
In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $518 per ton, with a decrease of -23% against the previous month. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 27% month-to-month. The import price peaked at $986 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to September 2023, the rate of growth in terms of prices for China amounted to -9.1% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $6,240 per ton in 2021, surging by 34% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 320% against the previous year. Over the period under review, the average export prices reached the maximum at $8,225 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to +13.4% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -54.5% to 3.2K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 361%. As a result, imports reached the peak of 19K 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; salts of formic acidses expanded slightly to $6.1M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 546% against the previous year. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 9.7 | 2.4 | 2.3 | 32.0% |
| India | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| United States | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 1.9 | 10.3 | 3.2 | 3.2 | 19.0% |
| Total | 3.1 | 20.1 | 5.9 | 6.1 | 25.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Australia in 2022:
- China (2342.7 tons)
- India (673.4 tons)
- United States (108.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia
In 2021, approx. 566 kg of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Australia; which is down by -59.4% compared with the previous year. Overall, exports faced a sharp slump.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses declined dramatically to $3.5K in 2021. Over the period under review, exports recorded a sharp shrinkage.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Australia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| New Zealand | 4.0 | 3.2 | 1.8 | -32.9% |
| Taiwan (Chinese) | 48.8 | N/A | N/A | 0% |
| Others | 52.8 | 3.2 | 1.8 | -81.5% |
| Total | 106 | 6.5 | 3.5 | -81.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Australia in 2022:
- New Zealand (283.0 kg)
337
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Australia.
451
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Australia.
103
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Australia.
112
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Australia.
316
This report provides an in-depth analysis of the market for salts of acetic acid in Australia.
445
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Australia.
309
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Australia.
396
This report provides an in-depth analysis of the ethyl acetate market in Australia.
354
This report provides an in-depth analysis of the acetic anhydride market in Australia.
456
This report provides an in-depth analysis of the acetic acid market in Australia.
279
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.
929
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...
1412
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...
209
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.
987
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 ...
902
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...
966
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...
1006
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...
314
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
1076
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
