Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia - 2024

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $821 per ton in 2022, surging by 4.6% against the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 199% against the previous year. As a result, import price attained the peak level of $2,072 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,200 per ton), while the price for Sweden ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,152 per ton in 2020, declining by -38.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2014 an increase of 39%. As a result, the export price reached the peak level of $2,241 per ton. From 2015 to 2020, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Argentina ($1,879 per ton), while the average price for exports to Colombia totaled $561 per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.5%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia

Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Bolivia fell significantly to 270 tons in 2022, reducing by -85.3% against the previous year. In general, imports faced a sharp slump. The smallest decline of -12.3% was in 2021.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses declined sharply to $222K in 2022. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium332264376113-30.2%
Argentina25413311142.1-45.1%
United States94.663.375.519.0-41.4%
China79020433713.5-74.2%
Germany93.215.926.48.6-54.8%
Hong Kong SAR13.76.411.94.1-33.1%
Taiwan (Chinese)10.07.18.82.3-38.7%
Sweden17149.830.6N/A-57.7%
Others1,06726746319.6-73.6%
Total2,8241,0111,441222-57.2%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Bolivia in 2022:

  1. Belgium (155.6 tons)
  2. United States (36.2 tons)
  3. Argentina (35.1 tons)
  4. China (23.7 tons)
  5. Germany (8.5 tons)
  6. Taiwan (Chinese) (4.8 tons)
  7. Hong Kong SAR (4.7 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia

In 2020, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Bolivia contracted modestly to 105 tons, waning by -4.4% compared with 2019. Over the period under review, exports showed a pronounced setback.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses contracted notably to $121K in 2020. In general, exports continue to indicate a precipitous decline.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bolivia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Argentina10344.3-57.0%
ColombiaN/A16.30%
Others10360.5-41.3%
Total207121-41.5%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Bolivia in 2022:

  1. Colombia (29.0 tons)
  2. Argentina (23.6 tons)

Source: IndexBox Market Intelligence Platform

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