Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,162 per ton, with an increase of 28% against the previous year. In general, the import price recorded mild growth. The growth pace was the most rapid in 2016 an increase of 202% against the previous year. As a result, import price attained the peak level of $2,143 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 Belgium ($2,053 per ton), while the price for the Netherlands ($857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), 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 Portugal (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $3,054 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price saw significant growth. The pace of growth was the most pronounced in 2013 an increase of 439%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($3,068 per ton), while the average price for exports to Morocco amounted to $747 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses was finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt descent.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $1.6M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 177 | 154 | 214 | 563 | 47.1% |
| Spain | 408 | 365 | 437 | 368 | -3.4% |
| China | 66.5 | 156 | 151 | 292 | 63.8% |
| Italy | 23.8 | 70.8 | 65.0 | 181 | 96.7% |
| Netherlands | N/A | 0.9 | N/A | 84.1 | 866.7% |
| Belgium | 77.7 | 57.7 | 60.0 | 73.9 | -1.7% |
| France | 24.1 | 28.4 | 40.3 | 32.5 | 10.5% |
| Others | 784 | 0.5 | 16.4 | 1.5 | -87.6% |
| Total | 1,561 | 834 | 983 | 1,597 | 0.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Portugal in 2022:
- Germany (446.4 tons)
- Spain (412.4 tons)
- China (250.0 tons)
- Italy (112.3 tons)
- Netherlands (98.1 tons)
- Belgium (36.0 tons)
- France (19.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal
In 2022, approx. 12 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Portugal; therefore, remained relatively stable against 2021 figures. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked 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 amounted to $38K in 2022. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Portugal (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Angola | N/A | N/A | 37.7 | 0% |
| Spain | 1.4 | N/A | N/A | 0% |
| Mozambique | 1.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0% |
| Total | 3.0 | N/A | 37.7 | 254.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Portugal in 2022:
- Angola (12.3 tons)
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