Salicylic Acid Price in Slovenia - 2023
Contents:
- Salicylic Acid Price in Slovenia (CIF) - 2022
- Salicylic Acid Price in Slovenia (FOB) - 2022
- Salicylic Acid Imports in Slovenia
- Salicylic Acid Exports in Slovenia
Salicylic Acid Price in Slovenia (CIF) - 2022
In 2022, the average salicylic acid import price amounted to $5,533 per ton, increasing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 an increase of 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($49,000 per ton), while the price for Austria ($358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Salicylic Acid Price in Slovenia (FOB) - 2022
In 2022, the average salicylic acid export price amounted to $6,380 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47%. Over the period under review, the average export prices reached the maximum at $30,804 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($6,844 per ton), while the average price for exports to Serbia ($5,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+22.1%), while the prices for the other major destinations experienced mixed trend patterns.
Salicylic Acid Imports in Slovenia
In 2022, overseas purchases of salicylic acid and its salts decreased by -29.2% to 28 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2020 with an increase of 37%. As a result, imports attained the peak of 42 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, salicylic acid imports reduced sharply to $154K in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 32%.
| Import of Salicylic Acid in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.0 | 165 | 166 | 129 | 120.7% |
| France | 14.8 | 0.4 | 0.2 | 0.4 | -70.0% |
| China | 95.9 | N/A | N/A | 0.1 | -89.9% |
| Netherlands | 6.7 | 10.9 | 9.9 | N/A | 21.6% |
| Others | 7.3 | 4.4 | 11.8 | 25.0 | 50.7% |
| Total | 137 | 181 | 188 | 154 | 4.0% |
Top Suppliers of Salicylic Acid to Slovenia in 2022:
- Germany (26.9 tons)
Salicylic Acid Exports in Slovenia
Salicylic acid exports from Slovenia skyrocketed to 6.5 tons in 2022, rising by 16% against the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,517%. As a result, the exports reached the peak of 7.6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, salicylic acid exports soared to $42K in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 948% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Salicylic Acid in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | 11.9 | 17.5 | 17.1 | 455.0% |
| Serbia | 0.1 | 8.7 | 9.3 | 15.1 | 432.5% |
| Mexico | N/A | N/A | 1.4 | 6.8 | 385.7% |
| United Arab Emirates | N/A | 9.0 | N/A | N/A | 0% |
| Others | 2.9 | 2.3 | 4.1 | 2.6 | -3.6% |
| Total | 3.0 | 31.8 | 32.2 | 41.6 | 140.2% |
Top Export Markets for Salicylic Acid from Slovenia in 2022:
- Serbia (2.9 tons)
- Germany (2.5 tons)
- Mexico (1.0 tons)
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