Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,904 per ton in 2022, reducing by -28.2% against the previous year. In general, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 89%. Over the period under review, average import prices reached the peak figure at $3,833 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +27.2% per year.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain
In 2022, supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -18.1% to 240 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 135%.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted dramatically to $456K in 2022. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 83% against the previous year.
Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 173 | 466 | 680 | 456 | 38.1% |
France | 97.3 | 25.5 | 51.8 | N/A | -27.0% |
India | 0.1 | 12.0 | 22.2 | N/A | 1390.0% |
United Arab Emirates | 11.7 | 11.9 | 21.3 | N/A | 34.9% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 282 | 515 | 776 | 456 | 17.4% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Bahrain in 2022:
- Saudi Arabia (239.7 tons)
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