Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $520 per ton in 2022, reducing by -14.3% against the previous year. Over the period under review, the import price saw a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs at $632 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3,374 per ton), while the price for Austria ($324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.2%), 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 Iran (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $496 per ton, reducing by -25.5% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 decreased by -39.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $825 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($1,533 per ton), while the average price for exports to Iraq ($469 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 Azerbaijan (+16.7%), 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 Iran
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -49.5% to 621 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 44%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses declined significantly to $323K in 2022. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 43% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 25.7 | 37.2 | 36.0 | 77.4 | 44.4% |
| Sweden | 35.8 | 45.6 | 50.3 | 29.1 | -6.7% |
| India | 20.8 | 27.7 | 31.9 | 19.3 | -2.5% |
| Germany | 2.5 | 5.2 | 9.3 | 16.1 | 86.0% |
| China | 14.9 | 40.4 | 61.6 | 14.4 | -1.1% |
| Austria | 19.3 | 15.5 | 14.9 | 7.5 | -27.0% |
| United Arab Emirates | 0.5 | 17.8 | 72.2 | 7.3 | 144.4% |
| Turkey | 99.1 | 160 | 182 | 6.6 | -59.5% |
| Others | 193 | 242 | 288 | 146 | -8.9% |
| Total | 412 | 591 | 746 | 323 | -7.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Iran in 2022:
- Spain (238.1 tons)
- Austria (23.2 tons)
- China (23.0 tons)
- India (10.1 tons)
- Germany (9.6 tons)
- Sweden (8.6 tons)
- Turkey (7.4 tons)
- United Arab Emirates (7.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses exported from Iran skyrocketed to 19 tons, jumping by 275% against the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $9.3K in 2022. Over the period under review, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 2.6 | 3.2 | 1.6 | 8.5 | 48.4% |
| Others | 2.8 | 0.2 | 1.7 | 0.8 | -34.1% |
| Total | 5.5 | 3.4 | 3.3 | 9.3 | 19.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Iran in 2022:
- Iraq (18.1 tons)
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