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

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $781 per ton in 2022, jumping by 41% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 41% against the previous year. The import price peaked at $1,271 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,596 per ton), while the price for Taiwan (Chinese) ($495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), 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 Paraguay (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $963 per ton in 2022, picking up by 89% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic slump. Over the period under review, the average export prices attained the peak figure at $3,968 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($988 per ton), while the average price for exports to Argentina amounted to $900 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+76.5%).

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

Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Paraguay reduced markedly to 924 tons in 2022, with a decrease of -39.3% compared with 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 151% against the previous year. As a result, imports reached the peak of 1.5K tons, and then reduced sharply in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses dropped to $722K in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 181% against the previous year. As a result, imports attained the peak of $843K, and then fell in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10963.497.015312.0%
Spain48.527.091.212035.3%
Germany2.54.536.945.7163.4%
Turkey36.122.431.627.9-8.2%
Taiwan (Chinese)18.421.628.224.610.2%
Sweden62.015.953.810.5-44.7%
MexicoN/AN/A7.9N/A0%
Others22414649734014.9%
Total50030084372213.0%

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

  1. China (282.2 tons)
  2. Spain (140.8 tons)
  3. Taiwan (Chinese) (49.8 tons)
  4. Turkey (44.0 tons)
  5. Germany (28.6 tons)
  6. Sweden (19.8 tons)

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

Exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Paraguay surged to 140 tons in 2022, with an increase of 211% against 2021 figures. In general, exports showed a significant expansion. 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 $135K in 2022. Overall, 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 Paraguay (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
UruguayN/A49.40%
Argentina11.518.056.5%
Others11.567.4486.1%
Total22.9135489.5%

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

  1. Uruguay (50.0 tons)
  2. Argentina (20.0 tons)

Source: IndexBox Market Intelligence Platform

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