Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan (CIF) - 2022
  2. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,934 per ton in 2022, declining by -13.2% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $2,497 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Russia ($2,189 per ton), while the price for China ($891 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan

In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Uzbekistan soared to 103 tons, increasing by 31% on the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +52.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses expanded remarkably to $199K in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1441281731654.6%
ChinaN/A31.7N/A17.4-25.9%
Turkey3.40.72.511.248.8%
India0.10.2N/A5.7284.9%
Others4.33.31.0N/A-51.8%
Total1521641761999.4%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Uzbekistan in 2022:

  1. Russia (75.4 tons)
  2. China (19.5 tons)
  3. Turkey (5.4 tons)
  4. India (2.8 tons)

Source: IndexBox Market Intelligence Platform

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