Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,310 per ton in 2022, increasing by 54% against the previous year. Over the period under review, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 161%. The import price peaked at $2,226 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Croatia ($2,286 per ton), while the price for Austria ($942 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+8.9%), 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 the Czech Republic (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $2,320 per ton, surging by 93% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($7,346 per ton), while the average price for exports to Slovakia ($1,608 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 Russia (+261.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -20.8% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 17%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $1.7M in 2022. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 466 | 459 | 472 | 691 | 14.0% |
| Poland | 66.5 | 127 | 245 | 297 | 64.7% |
| China | 192 | 105 | 289 | 288 | 14.5% |
| Sweden | 117 | 186 | 143 | 255 | 29.7% |
| Netherlands | 117 | 93.4 | 72.2 | 52.9 | -23.2% |
| Croatia | N/A | N/A | N/A | 52.6 | 0% |
| Lithuania | 296 | 6.9 | 47.9 | 23.3 | -57.1% |
| Austria | 68.7 | 28.6 | 53.4 | 23.1 | -30.5% |
| Others | 1,350 | 22.0 | 70.2 | 12.1 | -79.2% |
| Total | 2,673 | 1,027 | 1,393 | 1,695 | -14.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to the Czech Republic in 2022:
- Germany (532.6 tons)
- China (272.0 tons)
- Poland (206.4 tons)
- Sweden (163.3 tons)
- Netherlands (44.5 tons)
- Austria (24.5 tons)
- Croatia (23.0 tons)
- Lithuania (20.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses, which increased by 118% to 42 tons in 2022. In general, exports saw significant growth. As a result, the exports attained 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 skyrocketed to $97K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 4.1 | 7.9 | 16.0 | 59.2 | 143.5% |
| Russia | N/A | N/A | 0.6 | 36.7 | 6016.7% |
| Poland | N/A | 5.5 | 6.5 | N/A | 18.2% |
| Others | 5.1 | N/A | N/A | 1.1 | -40.0% |
| Total | 9.1 | 13.4 | 23.0 | 97.0 | 120.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from the Czech Republic in 2022:
- Slovakia (36.8 tons)
- Russia (5.0 tons)
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