Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,815 per ton in 2022, with an increase of 208% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Turkey ($1,534 per ton), while the price for Kyrgyzstan ($398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), 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 Kazakhstan (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $17,181 per ton in 2022, leveling off at the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -54.3%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($21,689 per ton), while the average price for exports to Kyrgyzstan totaled $1,402 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.3%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses imported into Kazakhstan reduced remarkably to 462 tons, with a decrease of -55.8% against the year before. Overall, imports recorded a sharp decrease. The smallest decline of -26.5% was in 2021.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $837K in 2022. In general, imports showed a dramatic shrinkage.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,503 | 124 | 75.8 | 344 | -38.8% |
Russia | 144 | 270 | 215 | 47.0 | -31.1% |
Turkey | 8.6 | 13.5 | 14.6 | 16.1 | 23.2% |
Iran | 3.6 | 3.4 | 3.2 | 7.9 | 29.9% |
Others | 1,671 | 420 | 307 | 423 | -36.7% |
Total | 3,331 | 832 | 616 | 837 | -36.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Kazakhstan in 2022:
- China (357.3 tons)
- Russia (75.1 tons)
- Iran (14.5 tons)
- Turkey (10.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan
Exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Kazakhstan totaled 127 kg in 2022, standing approx. at 2021 figures. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $2.2K in 2022. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Kazakhstan (USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Russia | 2.0 | N/A | 976 | 2109.1% |
Kyrgyzstan | 1.0 | N/A | 115 | 972.4% |
Others | 1.0 | N/A | 1,091 | 3203.0% |
Total | 4.0 | N/A | 2,182 | 2235.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Kazakhstan in 2022:
- Kyrgyzstan (82.0 kg)
- Russia (45.0 kg)
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