Salicylic Acid Price in Paraguay - 2023
Contents:
Salicylic Acid Price in Paraguay (CIF) - 2022
The average salicylic acid import price stood at $6,724 per ton in 2022, picking up by 7.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2014 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum at $7,284 per ton in 2015; however, from 2016 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 United States ($13,344 per ton), while the price for China ($6,564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Salicylic Acid Imports in Paraguay
In 2022, approx. 2.2 tons of salicylic acid and its salts were imported into Paraguay; which is down by -18.4% compared with 2021. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 2.7 tons, and then declined sharply in the following year.
In value terms, salicylic acid imports dropped to $15K in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68%. As a result, imports reached the peak of $17K, and then fell in the following year.
| Import of Salicylic Acid in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 8.5 | 16.3 | 13.1 | 6.3% |
| Ukraine | N/A | N/A | N/A | 0.8 | 0% |
| France | N/A | 0.8 | N/A | 0.5 | -20.9% |
| Others | 2.4 | 0.9 | 0.8 | 0.6 | -37.0% |
| Total | 13.3 | 10.2 | 17.1 | 15.0 | 4.1% |
Top Suppliers of Salicylic Acid to Paraguay in 2022:
- China (2001.0 kg)
- Ukraine (126.0 kg)
- France (73.0 kg)
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