Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (FOB) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (CIF) - 2022
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (FOB) - 2022
In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,797 per ton, with an increase of 28% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($31,629 per ton), while the average price for exports to the Netherlands ($1,286 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 the United States (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,588 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $1,681 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,837 per ton), while the price for Belgium ($1,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), 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 Germany
In 2022, shipments abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -27.7% to 56K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 99K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses fell to $101M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of $110M, and then declined in the following year.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.2 | 24.8 | 23.0 | 22.9 | -7.8% |
| Italy | 10.1 | 8.9 | 16.1 | 16.5 | 17.8% |
| Belgium | 27.5 | 27.9 | 36.6 | 14.4 | -19.4% |
| Spain | 5.4 | 6.4 | 10.4 | 13.5 | 35.7% |
| Netherlands | 13.7 | 11.9 | 6.5 | 12.4 | -3.3% |
| Finland | 2.2 | 2.0 | 5.4 | 5.1 | 32.3% |
| United Kingdom | 8.0 | 6.3 | 3.6 | 4.0 | -20.6% |
| Turkey | 0.3 | 0.6 | 0.4 | 3.9 | 135.1% |
| Others | 6.7 | 5.0 | 7.6 | 8.4 | 7.8% |
| Total | 103 | 93.7 | 110 | 101 | -0.7% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Germany in 2022:
- France (14.3K tons)
- Belgium (10.0K tons)
- Netherlands (9.6K tons)
- Italy (7.1K tons)
- Spain (6.3K tons)
- Finland (2.5K tons)
- Turkey (1.8K tons)
- United Kingdom (1.7K tons)
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany
In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Germany rose markedly to 56K tons, with an increase of 13% against the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $90M in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 23.8 | 41.2 | 46.8 | 52.7 | 30.3% |
| France | 7.0 | 4.0 | 11.3 | 16.5 | 33.1% |
| Netherlands | 1.7 | 2.3 | 5.2 | 8.5 | 71.0% |
| Czech Republic | 4.4 | 3.5 | 5.4 | 7.7 | 20.5% |
| Others | 3.0 | 3.9 | 0.4 | 4.2 | 11.9% |
| Total | 39.9 | 54.9 | 69.0 | 89.6 | 31.0% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Germany in 2022:
- Belgium (39.9K tons)
- France (8.1K tons)
- Czech Republic (4.0K tons)
- Netherlands (3.0K tons)
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