Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Slovakia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Slovakia (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Slovakia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Slovakia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,209 per ton in 2022, growing by 42% against the previous year. Overall, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 89%. As a result, import price attained the peak level of $2,658 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,982 per ton), while the price for the Czech Republic ($513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Slovakia
Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Slovakia amounted to 402 tons in 2022, growing by 6.7% against the previous year. In general, imports, however, continue to indicate a deep reduction.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses skyrocketed to $486K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2020 indices. 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 Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 23.8 | 55.4 | N/A | 149 | 84.3% |
Poland | N/A | 56.0 | 135 | 113 | 42.1% |
China | 87.0 | 54.4 | 30.4 | 88.2 | 0.5% |
Germany | 22.5 | 61.6 | 64.2 | 37.4 | 18.5% |
Netherlands | 11.2 | N/A | N/A | 32.0 | 41.9% |
Sweden | N/A | 12.3 | 22.6 | 31.6 | 60.3% |
Czech Republic | N/A | 10.3 | 2.5 | 18.8 | 35.1% |
Spain | N/A | N/A | N/A | 15.7 | 0% |
Italy | 14.9 | N/A | 44.4 | N/A | 72.6% |
Others | 219 | 10.7 | 22.2 | 0.2 | -90.3% |
Total | 378 | 261 | 321 | 486 | 8.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Slovakia in 2022:
- Lithuania (95.7 tons)
- Poland (84.5 tons)
- China (72.0 tons)
- Sweden (45.0 tons)
- Czech Republic (36.6 tons)
- Netherlands (25.0 tons)
- Spain (24.0 tons)
- Germany (18.9 tons)
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