Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Slovakia - 2023

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Slovakia (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Slovakia

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Slovakia (CIF) - 2022

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $459,091 per ton, with a decrease of -5.5% against the previous year. Overall, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 30%. Over the period under review, average import prices reached the peak figure at $485,696 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($479,714 per ton), while the price for the Czech Republic totaled $26,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.3%).

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Slovakia

In 2022, supplies from abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses decreased by -4.3% to 22 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 179%. As a result, imports attained the peak of 39 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses fell to $10K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 263%. As a result, imports reached the peak of $17K. 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.616.711.210.130.0%
Czech RepublicN/AN/AN/AN/A0%
India0.1N/AN/AN/A0%
OthersN/A0.3N/AN/A0%
Total4.717.011.210.129.0%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Slovakia in 2022:

  1. Germany (21.0 kg)
  2. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform

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