Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $4,903 per ton in 2022, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 China ($21,471 per ton), while the price for the UK ($1,082 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids was finally on the rise to reach 107 tons after two years of decline. Over the period under review, imports, however, showed a deep contraction.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $525K in 2022. Overall, imports, however, saw a abrupt downturn.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 655 | 339 | 350 | 303 | -22.7% |
| United Kingdom | 9.6 | 5.4 | 1.0 | 36.8 | 56.5% |
| Spain | 4.8 | 14.8 | 7.0 | 8.7 | 21.9% |
| Others | 29.4 | 26.1 | 26.3 | 177 | 81.9% |
| Total | 699 | 385 | 384 | 525 | -9.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Israel in 2022:
- Germany (67.6 tons)
- United Kingdom (34.0 tons)
- Spain (4.2 tons)
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