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

Contents:

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

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Netherlands (CIF) - 2023

In November 2023, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,436 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 2.5% month-to-month. As a result, import price attained the peak level of $2,343 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($5,208 per ton), while the price for Indonesia stood at $1,190 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,776 per ton in 2022, rising by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 68%. The export price peaked at $1,845 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,027 per ton), while the average price for exports to France ($1,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, the Netherlands recorded growth in supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses, which increased by 3.4% to 45K tons in 2022. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. 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 skyrocketed to $92M in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 53%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.511.825.935.629.2%
Germany14.110.913.534.835.1%
Czech Republic3.62.65.15.615.9%
ChinaN/AN/A2.54.684.0%
Indonesia2.21.42.03.415.6%
Belgium10.011.811.63.2-31.6%
Russia2.30.71.82.52.8%
Others0.52.71.92.468.7%
Total49.342.164.592.023.1%

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

  1. France (18.3K tons)
  2. Germany (16.3K tons)
  3. Czech Republic (2.6K tons)
  4. China (2.0K tons)
  5. Indonesia (1.8K tons)
  6. Belgium (1.8K tons)
  7. Russia (0.9K tons)

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

In 2022, approx. 12K tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were exported from the Netherlands; jumping by 28% on 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $22M in 2022. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.36.04.612.32.9%
United Kingdom0.50.12.72.673.2%
Belgium0.40.21.02.379.2%
Germany0.40.12.42.173.8%
Italy0.40.31.21.658.7%
Spain1.60.10.30.3-42.8%
Others1.00.81.30.8-7.2%
Total15.57.613.522.112.6%

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

  1. France (8.5K tons)
  2. Germany (1.3K tons)
  3. United Kingdom (0.9K tons)
  4. Belgium (0.8K tons)
  5. Italy (0.6K tons)
  6. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

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