Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $820 per ton in September 2023, falling by -37.5% against the previous month. Overall, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 60% month-to-month. As a result, import price attained the peak level of $1,311 per ton, and then contracted markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,133 per ton), while the price for China totaled $701 per ton.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by France (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,912 per ton in 2022, rising by 122% against the previous year. In general, the export price continues to indicate buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Cyprus ($1,941 per ton), while the average price for exports to North Macedonia ($857 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 Bulgaria (+8.6%), 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 Greece
Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Greece shrank to 1.5K tons in 2022, declining by -10.8% on 2021 figures. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses skyrocketed to $2M in 2022. Overall, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 599 | 456 | 744 | 1,085 | 21.9% |
| China | 214 | 240 | 665 | 477 | 30.6% |
| France | 183 | 163 | 97.2 | 156 | -5.2% |
| Netherlands | 33.6 | 34.3 | 16.0 | 86.8 | 37.2% |
| Belgium | 4.9 | 19.7 | 151 | 66.5 | 138.5% |
| Italy | 68.4 | 72.4 | 8.6 | 66.1 | -1.1% |
| Others | 1,134 | 13.2 | 17.4 | 59.4 | -62.6% |
| Total | 2,237 | 999 | 1,699 | 1,997 | -3.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Greece in 2022:
- Germany (819.5 tons)
- China (376.8 tons)
- France (82.5 tons)
- Netherlands (80.0 tons)
- Belgium (63.6 tons)
- Italy (46.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses, when their volume decreased by -63.6% to 51 tons. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 155% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses declined markedly to $98K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, the exports reached the peak of $120K, and then dropped markedly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 17.6 | 8.5 | 19.7 | 95.7 | 75.8% |
| North Macedonia | 1.8 | 0.9 | 3.2 | 1.0 | -17.8% |
| Albania | 1.3 | 7.2 | 25.2 | 0.8 | -14.9% |
| Germany | N/A | N/A | 14.5 | N/A | 0% |
| Malta | N/A | 52.9 | 53.8 | N/A | 1.7% |
| Romania | 4.5 | 4.5 | 3.8 | N/A | -8.1% |
| Others | 25.2 | 2.4 | 0.2 | N/A | -91.1% |
| Total | 50.4 | 76.4 | 120 | 97.5 | 24.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Greece in 2022:
- Cyprus (49.3 tons)
- North Macedonia (1.1 tons)
- Albania (0.6 tons)
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