Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,089 per ton, which is down by -30.9% against the previous year. In general, the import price, however, saw notable growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 177%. As a result, import price reached the peak level of $1,671 per ton. From 2019 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 Sweden ($1,434 per ton), while the price for China ($945 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.6%), 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 Ukraine (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,474 per ton, which is down by -22.2% against the previous year. Over the period under review, the export price, however, enjoyed temperate growth. The growth pace was the most rapid in 2021 an increase of 90%. Over the period under review, the average export prices attained the maximum at $3,904 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +85.1% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses imported into Ukraine expanded slightly to 3.5K tons, picking up by 4.5% compared with the year before. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses contracted dramatically to $3.9M in 2022. Overall, imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, imports reached the peak of $5.4M, and then reduced notably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,318 | 887 | 1,643 | 1,077 | -6.5% |
| Sweden | N/A | 29.5 | 33.5 | 411 | 273.3% |
| Lithuania | 267 | 386 | 691 | 322 | 6.4% |
| Germany | 80.7 | 17.7 | 12.5 | 98.5 | 6.9% |
| Croatia | N/A | N/A | 273 | N/A | 0% |
| Others | 1,746 | 1,412 | 2,700 | 1,956 | 3.9% |
| Total | 3,411 | 2,732 | 5,353 | 3,865 | 4.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Ukraine in 2022:
- China (1140.2 tons)
- Sweden (286.7 tons)
- Lithuania (240.0 tons)
- Germany (88.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine
In 2022, after two years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses, when their volume decreased by -38.5% to 80 tons. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 6,499,900% against the previous year. As a result, the exports reached the peak of 130 tons, and then fell rapidly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses contracted rapidly to $118K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 12,318,900% against the previous year. As a result, the exports reached the peak of $246K, and then shrank dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ukraine (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Lithuania | N/A | N/A | 59.0 | 0% |
| Belarus | N/A | 41.8 | N/A | 0% |
| Austria | N/A | 81.4 | N/A | 0% |
| Others | N/A | 123 | 59.0 | -52.0% |
| Total | N/A | 246 | 118 | -52.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Ukraine in 2022:
- Lithuania (40.0 tons)
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