Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uruguay - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uruguay (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uruguay
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uruguay (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $57,545 per ton in 2022, growing by 160% against the previous year. Overall, the import price showed strong growth. The growth pace was the most rapid in 2019 when the average import price increased by 416% against the previous year. Over the period under review, average import prices attained the maximum at $74,667 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 the United States ($61,778 per ton), while the price for China totaled $38,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+41.1%), 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 Uruguay
Imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Uruguay dropped to 11 kg in 2022, declining by -8.3% compared with the previous year. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 300% against the previous year. As a result, imports reached the peak of 12 kg, and then fell in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $633 in 2022. Over the period under review, imports, however, enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uruguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 186 | N/A | 556 | 72.9% |
| China | 142 | N/A | 266 | 77.0 | -18.5% |
| Japan | N/A | 38.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 142 | 224 | 266 | 633 | 64.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Uruguay in 2022:
- United States (9.0 kg)
- China (2.0 kg)
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