Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $838 per ton in September 2023, rising by 10% against the previous month. Overall, the import price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in May 2023 an increase of 11% m-o-m. As a result, import price attained the peak level of $1,041 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to September 2023, the rate of growth in terms of prices for China amounted to +0.6% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,541 per ton in 2022, picking up by 41% against the previous year. Over the period under review, the export price saw modest growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 81%. As a result, the export price reached the peak level of $2,214 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
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 Italy ($2,374 per ton), while the average price for exports to Turkey ($656 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 (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium
In 2022, approx. 18K tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into Belgium; with a decrease of -12.4% compared with the year before. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses totaled $20M in 2022. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.7 | 2.6 | 4.0 | 7.2 | 38.7% |
| Germany | 4.8 | 4.1 | 4.5 | 5.7 | 5.9% |
| China | 1.9 | 2.7 | 5.4 | 4.7 | 35.2% |
| Ireland | N/A | N/A | 3.0 | 0.8 | -73.3% |
| Sweden | 0.6 | 0.3 | 0.6 | 0.5 | -5.9% |
| Turkey | 0.6 | 0.6 | 0.6 | 0.2 | -30.7% |
| Others | 11.0 | 0.2 | 0.8 | 0.6 | -62.1% |
| Total | 21.5 | 10.4 | 19.0 | 19.6 | -3.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Belgium in 2022:
- China (7.5K tons)
- Netherlands (5.1K tons)
- Germany (4.4K tons)
- Sweden (0.4K tons)
- Ireland (0.4K tons)
- Turkey (0.2K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium
After three years of growth, overseas shipments of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -35.5% to 9.5K tons in 2022. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of 15K tons, and then dropped dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses dropped to $15M in 2022. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 93%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,428 | 1,832 | 4,991 | 4,403 | 21.9% |
| Germany | 439 | 675 | 1,744 | 2,049 | 67.1% |
| Sweden | 0.5 | 20.9 | 746 | 954 | 1140.3% |
| United Kingdom | 464 | 139 | 200 | 856 | 22.6% |
| Italy | 532 | 672 | 688 | 725 | 10.9% |
| France | 247 | 190 | 691 | 572 | 32.3% |
| Luxembourg | 0.1 | 408 | 1,394 | 464 | 1567.9% |
| Russia | 223 | 368 | 464 | 455 | 26.8% |
| Brazil | 498 | 635 | 430 | 422 | -5.4% |
| Argentina | 0.3 | N/A | N/A | 416 | 1015.1% |
| Spain | 71.4 | 65.8 | 144 | 259 | 53.7% |
| Austria | 41.3 | 41.9 | 125 | 257 | 83.9% |
| Turkey | 124 | 98.6 | 208 | 206 | 18.4% |
| Others | 11,774 | 3,171 | 4,192 | 2,557 | -39.9% |
| Total | 16,841 | 8,317 | 16,015 | 14,595 | -4.7% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Belgium in 2022:
- Netherlands (2779.3 tons)
- Germany (1260.4 tons)
- Sweden (1004.7 tons)
- United Kingdom (603.0 tons)
- France (406.1 tons)
- Luxembourg (403.0 tons)
- Turkey (314.6 tons)
- Italy (305.5 tons)
- Argentina (300.4 tons)
- Russia (235.2 tons)
- Spain (190.4 tons)
- Austria (189.2 tons)
- Brazil (183.4 tons)
346
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Belgium.
411
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Belgium.
69
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Belgium.
112
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Belgium.
466
This report provides an in-depth analysis of the market for salts of acetic acid in Belgium.
369
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Belgium.
315
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Belgium.
406
This report provides an in-depth analysis of the ethyl acetate market in Belgium.
378
This report provides an in-depth analysis of the acetic anhydride market in Belgium.
821
This report provides an in-depth analysis of the acetic acid market in Belgium.
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.
930
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...
1413
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...
967
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.
1077
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...
