Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia - 2022

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia (CIF) - 2022

The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $4,333 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 11%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.1% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia

In 2022, the amount of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses imported into Serbia stood at 6 kg, almost unchanged from the previous year's figure. In general, imports showed a sharp slump. The smallest decline of 99.9% was in 2021.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses totaled $26 in 2022. Overall, imports faced a precipitous decrease. The smallest decline of 99.9% was in 2021.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Serbia (USD)
COUNTRY202020212022CAGR,
2020-2022
Germany52.0N/A26.0-29.3%
OthersN/AN/AN/A0%
Total52.0N/A26.0-29.3%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Serbia in 2022:

  1. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform

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