Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (FOB) - 2024
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $939 per ton in September 2023, growing by 10% against the previous month. Over the period from March 2023 to September 2023, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in May 2023 an increase of 13% month-to-month. The import price peaked in September 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to September 2023, the rate of growth in terms of prices for Germany amounted to +3.5% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (FOB) - 2024
In September 2023, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $974 per ton, leveling off at the previous month. Over the period under review, the export price showed a slight decrease. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 19% against the previous month. The export price peaked at $1,089 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belarus.
From March 2023 to September 2023, the rate of growth in terms of prices for Hungary amounted to +20.5% per month.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses imported into Poland reduced notably to 9.7K tons, declining by -33.9% on 2021. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of 15K tons, and then reduced notably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses declined to $11M in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 67%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 2.5 | 6.1 | 4.6 | 24.2% |
| Germany | 3.1 | 2.9 | 3.9 | 4.0 | 8.9% |
| Netherlands | 0.7 | 0.5 | 0.2 | 0.6 | -5.0% |
| Italy | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Austria | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Lithuania | 0.3 | N/A | 0.1 | 0.3 | 0.0% |
| Sweden | 1.1 | 0.1 | N/A | 0.1 | -55.0% |
| Others | 8.6 | 0.2 | 0.2 | 0.4 | -64.0% |
| Total | 16.9 | 6.8 | 11.5 | 11.2 | -12.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Poland in 2022:
- China (4.0K tons)
- Germany (3.5K tons)
- Italy (0.6K tons)
- Netherlands (0.5K tons)
- Austria (0.4K tons)
- Lithuania (0.2K tons)
- Sweden (0.1K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland
In 2022, approx. 1.6K tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Poland; waning by -37% on 2021 figures. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of 2.6K tons, and then contracted significantly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses reduced to $2.3M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $2.5M, and then fell in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 115 | 235 | 363 | 887 | 97.6% |
| Czech Republic | 187 | 139 | 268 | 333 | 21.2% |
| Italy | 3.7 | 15.9 | 276 | 143 | 238.1% |
| Belarus | 119 | 248 | 103 | 121 | 0.6% |
| Serbia | 26.5 | 58.4 | 139 | 118 | 64.5% |
| Estonia | 52.8 | 59.1 | 80.8 | 115 | 29.6% |
| Slovakia | 43.2 | 37.5 | 123 | 113 | 37.8% |
| Austria | 5.8 | 12.2 | 114 | 103 | 160.9% |
| Romania | 35.7 | 18.9 | 94.8 | 64.0 | 21.5% |
| Russia | 2.8 | 83.4 | 80.3 | 60.8 | 179.0% |
| Hungary | 35.9 | 48.0 | 114 | 40.3 | 3.9% |
| Bulgaria | 14.4 | 6.3 | 56.5 | 39.3 | 39.7% |
| Netherlands | 17.3 | 102 | 241 | 9.8 | -17.3% |
| Others | 1,334 | 181 | 474 | 184 | -48.3% |
| Total | 1,993 | 1,244 | 2,528 | 2,330 | 5.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Poland in 2022:
- Germany (550.2 tons)
- Czech Republic (237.5 tons)
- Estonia (122.1 tons)
- Italy (107.4 tons)
- Belarus (85.2 tons)
- Slovakia (84.5 tons)
- Austria (75.5 tons)
- Serbia (70.0 tons)
- Romania (48.5 tons)
- Russia (46.0 tons)
- Bulgaria (33.6 tons)
- Hungary (26.9 tons)
- Netherlands (12.0 tons)
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