Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands - 2023
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (CIF) - 2022
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (FOB) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands
- Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $83,578 per ton, picking up by 17% against the previous year. In general, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2018 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 ($264,410 per ton), while the price for Belgium ($32,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (FOB) - 2022
In 2022, the average export price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $8,211 per ton, dropping by -63.4% against the previous year. In general, the export price, however, posted a pronounced increase. The growth pace was the most rapid in 2015 when the average export price increased by 93% against the previous year. The export price peaked at $32,700 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18,500 per ton), while the average price for exports to Belgium ($5,500 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 France (+12.1%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands
In 2022, supplies from abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses decreased by -51% to 673 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. As a result, imports attained the peak of 1.5 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses fell remarkably to $56K in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports attained the peak of $122K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.8 | 29.8 | 11.3 | 32.3 | 0.5% |
| Germany | 56.1 | 91.7 | 84.6 | 23.5 | -25.2% |
| Belgium | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Others | N/A | N/A | 1.9 | 0.1 | -94.7% |
| Total | 87.9 | 122 | 97.9 | 56.2 | -13.9% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to the Netherlands in 2022:
- Germany (528.0 kg)
- United States (122.0 kg)
- Belgium (12.0 kg)
Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands
In 2022, the amount of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses exported from the Netherlands surged to 431 kg, increasing by 1,496% against 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses soared to $3.5K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Netherlands (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 1,859 | 0% |
| South Korea | N/A | N/A | N/A | 1,329 | 0% |
| Peru | N/A | N/A | N/A | 262 | 0% |
| Hungary | 1,730 | N/A | 535 | 1.0 | -91.7% |
| Others | 2.0 | 327 | 70.0 | 88.0 | 253.0% |
| Total | 1,732 | 327 | 605 | 3,539 | 26.9% |
Top Export Markets for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts from the Netherlands in 2022:
- Germany (303.0 kg)
- South Korea (92.0 kg)
- Peru (23.0 kg)
- Hungary (1.0 kg)
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