Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kazakhstan - 2022

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kazakhstan (CIF) - 2022
  2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kazakhstan

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

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $7,319 per ton, surging by 72% against the previous year. Overall, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 73%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($16,511 per ton), while the price for China amounted to $6,174 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses was finally on the rise to reach 27 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a prominent increase. As a result, imports reached 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 soared to $197K in 2022. Overall, imports continue to indicate a significant expansion. 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 Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China93.03.71.214816.8%
Russia0.5N/AN/A48.7360.1%
Turkey3.20.1N/AN/A-96.9%
Others1.30.1N/A0.4-32.5%
Total98.03.91.319726.2%

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

  1. China (24.0 tons)
  2. Russia (2.9 tons)

Source: IndexBox Market Intelligence Platform

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