Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,276 per ton in 2022, with an increase of 38% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 171%. As a result, import price reached the peak level of $2,059 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,281 per ton), while the price for Austria ($982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+98.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,603 per ton, picking up by 95% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses increased by +117.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($2,224 per ton), while the average price for exports to Slovenia ($1,218 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 Lithuania (+171.5%), 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 Croatia
In 2022, approx. 1.3K tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into Croatia; jumping by 71% on the previous year. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 172% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $1.7M in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2021 with an increase of 206%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 16.6 | 672 | 3948.2% |
| Lithuania | 314 | 44.3 | 112 | 312 | -0.2% |
| Sweden | N/A | N/A | 309 | 221 | -28.5% |
| Austria | 8.9 | 17.8 | 48.4 | 170 | 167.3% |
| Russia | N/A | N/A | N/A | 140 | 0% |
| Slovenia | 68.3 | 50.6 | 62.6 | 66.2 | -1.0% |
| Germany | 34.9 | 60.5 | 36.3 | 34.6 | -0.3% |
| Italy | 43.4 | 38.5 | 60.3 | 27.5 | -14.1% |
| Others | 497 | 17.2 | 57.1 | 18.7 | -66.5% |
| Total | 966 | 229 | 701 | 1,662 | 19.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Croatia in 2022:
- China (644.2 tons)
- Lithuania (178.5 tons)
- Austria (173.3 tons)
- Sweden (123.4 tons)
- Russia (92.6 tons)
- Slovenia (46.7 tons)
- Italy (20.7 tons)
- Germany (8.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia
In 2022, approx. 484 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Croatia; rising by 31% against 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,616% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $777K in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,818%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | 31.2 | 323 | 935.3% |
| Bosnia and Herzegovina | 129 | 7.2 | 6.2 | 176 | 10.9% |
| Moldova | N/A | N/A | N/A | 133 | 0% |
| Hungary | 12.5 | 6.0 | 12.4 | 65.3 | 73.5% |
| Czech Republic | N/A | N/A | N/A | 51.2 | 0% |
| Turkey | N/A | N/A | N/A | 18.8 | 0% |
| Austria | N/A | N/A | 25.5 | N/A | 0% |
| Ukraine | N/A | N/A | 217 | N/A | 0% |
| Others | 146 | 2.7 | 12.7 | 9.7 | -59.5% |
| Total | 287 | 15.9 | 305 | 777 | 39.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Croatia in 2022:
- Lithuania (202.9 tons)
- Bosnia and Herzegovina (111.5 tons)
- Moldova (80.3 tons)
- Hungary (49.0 tons)
- Czech Republic (23.0 tons)
- Turkey (10.0 tons)
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