Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,043 per ton in 2022, surging by 2.8% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The growth pace was the most rapid in 2019 when the average import price increased by 66%. As a result, import price reached the peak level of $3,495 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,043 per ton), while the price for Germany amounted to $945 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.6%).
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $2,245 per ton, picking up by 125% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $3,022 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -1.1% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg
After three years of growth, overseas purchases of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -73.2% to 64 tons in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,109% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses shrank dramatically to $67K in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 479%.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 0.1 | N/A | 94.3 | 66.4 | 772.4% |
Germany | 3.6 | 46.0 | 131 | 0.2 | -61.8% |
Others | 4.2 | 0.2 | 16.3 | N/A | 97.0% |
Total | 8.0 | 46.2 | 241 | 66.6 | 102.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Luxembourg in 2022:
- Belgium (63.7 tons)
- Germany (0.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Luxembourg
In 2022, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Luxembourg skyrocketed to 9.3 tons, jumping by 928,200% against the previous year. Overall, exports continue to indicate significant growth. As a result, the exports reached 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 $21K in 2022. Over the period under review, exports enjoyed significant growth. 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 Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 0.1 | 0.1 | N/A | 20.8 | 492.5% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 0.1 | 0.1 | N/A | 20.8 | 492.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Luxembourg in 2022:
- Belgium (9.3 tons)
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Luxembourg.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Luxembourg.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Luxembourg.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Luxembourg.
This report provides an in-depth analysis of the market for salts of acetic acid in Luxembourg.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Luxembourg.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Luxembourg.
This report provides an in-depth analysis of the ethyl acetate market in Luxembourg.
This report provides an in-depth analysis of the acetic anhydride market in Luxembourg.
This report provides an in-depth analysis of the acetic acid market in Luxembourg.
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...