Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $4,753 per ton, growing by 25% against the previous year. Overall, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2014 an increase of 176% against the previous year. As a result, import price reached the peak level of $11,303 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 Singapore ($113,167 per ton), while the price for the United States ($3,221 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 (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand
In 2022, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into New Zealand skyrocketed to 13 tons, jumping by 1,692% on the year before. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids surged to $61K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.0 | 1.7 | 0.4 | 30.0 | 115.4% |
| China | N/A | 0.1 | 0.7 | 28.0 | 1573.3% |
| United States | 0.5 | 0.4 | 0.7 | 0.2 | -26.3% |
| Others | 0.4 | 0.4 | 0.9 | 2.3 | 79.2% |
| Total | 3.9 | 2.6 | 2.7 | 60.5 | 149.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to New Zealand in 2022:
- Australia (6.7 tons)
- China (5.8 tons)
- United States (0.1 tons)
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