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

Contents:

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

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

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $2,162 per ton, increasing by 18% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 50%. The import price peaked at $2,321 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 the Netherlands ($3,262 per ton), while the price for Spain totaled $1,924 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%).

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

In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Portugal dropped remarkably to 264 tons, with a decrease of -23% against the previous year's figure. In general, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 342 tons, and then shrank notably in the following year.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses declined to $570K in 2022. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 112%. As a result, imports attained the peak of $627K, and then dropped in the following year.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain21411126640824.0%
Netherlands1261803531577.6%
Others8.94.67.75.1-16.9%
Total34929662757017.8%

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

  1. Spain (212.1 tons)
  2. Netherlands (48.0 tons)

Source: IndexBox Market Intelligence Platform

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