Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $2,112 per ton in 2022, increasing by 23% against the previous year. Overall, the import price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 99%. The import price peaked at $4,189 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,729 per ton), while the price for France ($559 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $7,585 per ton in 2022, waning by -29.3% against the previous year. In general, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 439% against the previous year. Over the period under review, the average export prices reached the maximum at $23,417 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Germany ($15,050 per ton), while the average price for exports to India ($1,315 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 India (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland
In 2022, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Switzerland dropped to 2.1K tons, reducing by -6% compared with the previous year. Over the period under review, imports, however, enjoyed notable growth. The growth pace was the most rapid in 2021 with an increase of 287%. As a result, imports attained the peak of 2.2K tons, and then fell in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $4.4M in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 202%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,287 | 60.9 | 1,081 | 1,614 | 7.8% |
| Germany | 205 | 370 | 545 | 275 | 10.3% |
| China | 64.8 | 77.1 | 80.9 | 108 | 18.6% |
| France | 68.4 | 36.4 | 19.9 | 0.7 | -78.3% |
| Others | 1,813 | 714 | 2,073 | 2,382 | 9.5% |
| Total | 3,438 | 1,258 | 3,799 | 4,380 | 8.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Switzerland in 2022:
- Sweden (1768.2 tons)
- Germany (155.9 tons)
- China (67.9 tons)
- France (1.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Switzerland
In 2022, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Switzerland skyrocketed to 281 tons, picking up by 135% on the year before. In general, exports showed a significant increase. 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 soared to $2.1M in 2022. Overall, exports posted a significant increase. 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 359 | 352 | 456 | 738 | 27.2% |
| Germany | 46.9 | 46.4 | 76.8 | 242 | 72.8% |
| India | 20.5 | 21.3 | 28.3 | 45.2 | 30.2% |
| Others | 494 | 495 | 721 | 1,105 | 30.8% |
| Total | 920 | 915 | 1,281 | 2,131 | 32.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Switzerland in 2022:
- United States (224.6 tons)
- India (34.4 tons)
- Germany (16.1 tons)
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