Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (FOB) - 2024
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (CIF) - 2024
In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $609 per ton, reducing by -2.9% against the previous month. In general, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 5.2% month-to-month. Over the period under review, average import prices hit record highs at $765 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to September 2023, the rate of growth in terms of prices for Germany amounted to +6.6% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (FOB) - 2024
In September 2023, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,024 per ton, shrinking by -5.3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 6.5% m-o-m. Over the period under review, the average export prices hit record highs at $1,169 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Peru ($2,744 per ton), while the average price for exports to Ukraine ($965 per ton) was amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+30.5%), 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 Netherlands
In 2022, approx. 33K tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into the Netherlands; therefore, remained relatively stable against the previous year. In general, imports, however, showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 3.5% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $31M in 2022. Over the period under review, imports, however, recorded a deep reduction.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.8 | 5.1 | 9.0 | 13.3 | 25.1% |
Belgium | 5.3 | 4.2 | 6.6 | 10.0 | 23.6% |
Germany | 5.6 | 3.8 | 3.0 | 4.0 | -10.6% |
Sweden | 0.3 | 2.0 | 2.9 | 3.0 | 115.4% |
Turkey | 0.8 | 0.3 | 0.2 | 0.1 | -50.0% |
Others | 21.0 | 1.5 | 1.0 | 0.5 | -71.2% |
Total | 39.7 | 16.8 | 22.7 | 30.8 | -8.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to the Netherlands in 2022:
- China (14.6K tons)
- Belgium (9.7K tons)
- Sweden (4.3K tons)
- Germany (3.6K tons)
- Turkey (0.1K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands
Exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from the Netherlands dropped to 16K tons in 2022, leveling off at 2021. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 11%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses skyrocketed to $18M in 2022. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in the Netherlands (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1,997 | 1,664 | 2,968 | 4,870 | 34.6% |
Germany | 2,533 | 2,065 | 2,201 | 2,747 | 2.7% |
Norway | 655 | 253 | 440 | 1,334 | 26.8% |
Spain | 1,496 | 1,061 | 961 | 1,326 | -3.9% |
France | 556 | 722 | 1,327 | 958 | 19.9% |
Sweden | 223 | 223 | N/A | 870 | 57.4% |
China | N/A | 13.0 | 448 | 731 | 649.9% |
Poland | 373 | 128 | N/A | 526 | 12.1% |
Italy | 447 | 490 | 666 | 521 | 5.2% |
Guatemala | 58.1 | 74.9 | 218 | 494 | 104.1% |
Malaysia | 117 | 501 | 263 | 401 | 50.8% |
Israel | 120 | 168 | 359 | 378 | 46.6% |
Egypt | 2.8 | 19.1 | 46.6 | 371 | 409.8% |
Others | 13,762 | 4,522 | 6,001 | 2,872 | -40.7% |
Total | 22,341 | 11,905 | 15,897 | 18,398 | -6.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from the Netherlands in 2022:
- Belgium (3.8K tons)
- Germany (2.0K tons)
- Spain (1.2K tons)
- Norway (1.0K tons)
- Sweden (0.8K tons)
- France (0.7K tons)
- China (0.7K tons)
- Italy (0.5K tons)
- Poland (0.5K tons)
- Malaysia (0.5K tons)
- Guatemala (0.5K tons)
- Israel (0.4K tons)
- Egypt (0.4K tons)
This report provides an in-depth analysis of the market for formic acid, its salts and esters in the Netherlands.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in the Netherlands.
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As of May 2023, the price of Salts of Acetic Acid was $3,801 per ton (FOB, Netherlands), showing a 11% increase compared to the previous month.
From August 2023 to October 2023, the imports of Acetic Anhydride experienced a decline in growth. The value of Acetic Anhydride imports plummeted to $854K in October 2023.
Overall, there was a moderate expansion in imports. The value of Acetic Anhydride imports rose significantly to $10M in July 2023.
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
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