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

Contents:

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

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Sweden (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $732 per ton, picking up by 1.8% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 an increase of 24%. Over the period under review, the average export prices hit record highs at $1,033 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,481 per ton), while the average price for exports to Norway ($342 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,290 per ton, with an increase of 43% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,293 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($1,344 per ton), while the price for Germany ($991 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses exported from Sweden expanded remarkably to 61K tons, increasing by 6.4% against the year before. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses rose remarkably to $44M in 2022. Overall, exports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 79%.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.81.32.87.80.0%
Norway1.31.72.87.680.1%
Italy6.83.85.24.0-16.2%
Lithuania1.41.03.93.940.7%
United States13.31.55.93.6-35.3%
Netherlands0.32.02.93.0115.4%
Brazil0.71.11.62.552.9%
United Kingdom0.71.21.52.450.8%
Switzerland1.30.11.11.67.2%
Argentina0.10.21.41.6152.0%
France2.30.72.11.3-17.3%
Turkey0.91.01.20.4-23.7%
Russia1.30.62.2N/A30.1%
Others8.26.96.64.7-16.9%
Total46.422.941.144.5-1.4%

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

  1. Norway (22.2K tons)
  2. Germany (8.6K tons)
  3. Italy (6.1K tons)
  4. Lithuania (4.4K tons)
  5. Netherlands (4.3K tons)
  6. United States (2.6K tons)
  7. Brazil (2.0K tons)
  8. Switzerland (1.8K tons)
  9. United Kingdom (1.6K tons)
  10. France (1.2K tons)
  11. Argentina (1.2K tons)
  12. Turkey (0.7K tons)

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses imported into Sweden expanded sharply to 6.7K tons, increasing by 7.7% compared with 2021. Overall, imports, however, continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 46%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $8.7M in 2022. In general, imports, however, recorded a drastic downturn.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway4.13.54.87.421.8%
Germany1.20.60.71.0-5.9%
Others5.6N/A0.10.2-67.1%
Total10.94.15.68.7-7.2%

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

  1. Norway (5.5K tons)
  2. Germany (1.0K tons)

Source: IndexBox Market Intelligence Platform

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