Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic - 2023

Contents:

1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic (FOB) - 2023
2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic (CIF) - 2022
3. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic
4. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic (FOB) - 2023

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,353 per ton in November 2023, remaining constant against the previous month. In general, the export price recorded a mild downturn. The most prominent rate of growth was recorded in April 2023 an increase of 8.7% against the previous month. The export price peaked at $1,652 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In November 2023, the countries with the highest prices were Austria ($1,450 per ton) and Germany ($1,441 per ton), while the average price for exports to Spain ($1,176 per ton) and France ($1,268 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $3,223 per ton in 2022, waning by -8.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $3,522 per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,453 per ton) and the UK ($3,752 per ton), while the price for the Netherlands ($3,040 per ton) and Spain ($3,052 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic

Exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from the Czech Republic was estimated at 18K tons in 2022, surging by 7.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $34M in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (4.9K tons)
2. Italy (3.6K tons)
3. Belgium (2.8K tons)
4. Netherlands (2.4K tons)
5. France (1.3K tons)
6. Austria (1.3K tons)
7. Spain (0.9K tons)
8. Russia (0.1K tons)

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Czech Republic

In 2022, approx. 61 tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were imported into the Czech Republic; rising by 154% compared with 2021 figures. In general, imports continue to indicate a significant 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 $198K in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 187% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Netherlands (27.7 tons)
2. Spain (19.9 tons)
3. United Kingdom (10.8 tons)
4. Germany (2.6 tons)

Source: IndexBox Market Intelligence Platform