Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand - 2023
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $511,446 per ton in 2022, growing by 61% against the previous year. Overall, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 356%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 United States ($518,984 per ton), while the price for Germany amounted to $29,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand
In 2022, purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses increased by 81% to 65 kg for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $33K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.7 | 10.7 | 10.7 | 33.2 | 34.3% |
| Germany | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| United Kingdom | 0.5 | 0.6 | 0.6 | N/A | 9.5% |
| India | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 15.3 | 11.5 | 11.4 | 33.2 | 29.5% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to New Zealand in 2022:
- United States (64.0 kg)
- Germany (1.0 kg)
283
This report provides an in-depth analysis of the phenylacetic acid market in New Zealand.
252
This report provides an in-depth analysis of the monocarboxylic acid market in New Zealand.
264
This report provides an in-depth analysis of the benzoic acid market in New Zealand.
245
This report provides an in-depth analysis of the market for benzoyl peroxide and chloride in New Zealand.
266
This report provides an in-depth analysis of the acrylic acid esters market in New Zealand.
234
This report provides an in-depth analysis of the methacrylic acid esters market in New Zealand.
307
This report provides an in-depth analysis of the methacrylic acid market in New Zealand.
254
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in New Zealand.
455
This report provides an in-depth analysis of the global phenylacetic acid market.
658
This report provides an in-depth analysis of the global monocarboxylic acid market.
952
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
907
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
952
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
907
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
