Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,300 per ton in 2022, with an increase of 31% against the previous year. In general, the import price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of 52% against the previous year. The import price peaked at $3,006 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Colombia ($4,092 per ton), while the price for Brazil ($1,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador
In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses, when their volume decreased by -31% to 54 tons. Over the period under review, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 73%. As a result, imports attained the peak of 78 tons, and then plummeted in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted to $125K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 163%. As a result, imports attained the peak of $137K, and then contracted in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.0 | 19.1 | 62.1 | 63.4 | 38.2% |
| Colombia | 1.3 | 7.7 | 8.0 | 20.5 | 150.8% |
| Netherlands | 9.0 | 1.4 | 14.7 | 18.8 | 27.8% |
| Brazil | 8.8 | 9.6 | 13.6 | 16.0 | 22.1% |
| South Korea | 8.3 | 9.3 | 13.4 | N/A | 27.1% |
| Panama | N/A | N/A | 22.1 | N/A | 0% |
| Others | 6.1 | 5.1 | 3.3 | 5.9 | -1.1% |
| Total | 57.4 | 52.1 | 137 | 125 | 29.6% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Ecuador in 2022:
- China (27.2 tons)
- Brazil (16.0 tons)
- Netherlands (5.3 tons)
- Colombia (5.0 tons)
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