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

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $15,074 per ton in 2022, which is down by -45.9% against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 548%. The import price peaked at $27,844 per ton in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($71,847 per ton), while the price for the UK ($4,461 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.2%), 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 Ireland (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $7,732 per ton, waning by -2.4% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 157%. The export price peaked at $34,880 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8,297 per ton), while the average price for exports to Canada totaled $4,056 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-13.4%).

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

After two years of decline, purchases abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses increased by 162% to 18 tons in 2022. In general, imports, however, continue to indicate a abrupt descent.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $264K in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A1291408.5%
United Kingdom16.328.87.737.832.4%
ChinaN/A20.217.926.815.2%
PolandN/AN/AN/A16.00%
Netherlands33.729.411.212.1-28.9%
India3.9N/A8.18.831.2%
Germany5.11.55.37.011.1%
Malaysia14.7N/AN/AN/A0%
Others81.825.47.116.0-42.0%
Total15610518626419.2%

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

  1. United Kingdom (8.5 tons)
  2. Poland (2.8 tons)
  3. Netherlands (2.5 tons)
  4. Czech Republic (2.0 tons)
  5. China (1.1 tons)
  6. India (0.3 tons)
  7. Germany (0.1 tons)

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses exported from Ireland soared to 6.8 tons, rising by 1,469% compared with the year before. Over the period under review, exports posted 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 skyrocketed to $53K in 2022. In general, exports enjoyed a significant expansion. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.27.8N/A48.8243.9%
CanadaN/AN/AN/A3.70%
EcuadorN/AN/A3.4N/A0%
Others1.2N/AN/AN/A0%
Total2.47.83.452.5179.7%

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

  1. United Kingdom (5.9 tons)
  2. Canada (0.9 tons)

Source: IndexBox Market Intelligence Platform

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