Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland - 2023

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (CIF) - 2022
  2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (FOB) - 2022
  3. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland
  4. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (CIF) - 2022

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $5,255 per ton in 2022, declining by -54.3% against the previous year. Overall, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 73%. As a result, import price reached the peak level of $11,496 per ton, and then shrank sharply in the following year.

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 Belgium ($23,333 per ton), while the price for France ($2,719 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+24.7%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (FOB) - 2022

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $6,257 per ton in 2022, which is down by -32% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 8.7% against the previous year. The export price peaked at $12,645 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($10,855 per ton), while the average price for exports to Belgium stood at $5,677 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.5%).

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland

After two years of decline, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by 227% to 22 tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $114K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland18.428.045.349.138.7%
United Kingdom12.29.613.334.641.5%
Germany18.323.32.724.610.4%
FranceN/AN/AN/A2.70%
United StatesN/AN/A1.32.269.2%
Others2.0N/A13.70.9-23.4%
Total50.961.076.411430.8%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Ireland in 2022:

  1. United Kingdom (9.4 tons)
  2. Germany (7.1 tons)
  3. Switzerland (3.5 tons)
  4. France (1.0 tons)
  5. United States (0.7 tons)

Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland

In 2022, approx. 1.1 tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were exported from Ireland; jumping by 210% on 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 553% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses soared to $7K in 2022. Overall, exports showed a moderate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 394%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A5.70%
United Kingdom6.20.73.31.2-42.2%
OthersN/AN/AN/A0.10%
Total6.20.73.37.04.1%

Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Ireland in 2022:

  1. Belgium (1002.0 kg)
  2. United Kingdom (110.0 kg)

Source: IndexBox Market Intelligence Platform

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