Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $10,074 per ton in 2022, shrinking by -6.6% against the previous year. In general, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 96%. Over the period under review, the average export prices attained the maximum at $10,786 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +26.3% per year.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $7,229 per ton in 2022, increasing by 73% against the previous year. In general, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Lithuania ($10,125 per ton), while the price for China ($5,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.7%).
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan
In 2022, after two years of decline, there was significant growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids, when their volume increased by 27% to 391 kg. Overall, exports, however, saw a significant contraction.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids surged to $3.9K in 2022. In general, exports, however, saw a significant curtailment.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 29.6 | 9.9 | 3.3 | 3.9 | -49.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.6 | 9.9 | 3.3 | 3.9 | -49.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Kazakhstan in 2022:
- Russia (391.0 kg)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan
For the third year in a row, Kazakhstan recorded decline in supplies from abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids, which decreased by -36.8% to 96 kg in 2022. Over the period under review, imports continue to indicate a sharp shrinkage.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids expanded remarkably to $694 in 2022. In general, imports showed a dramatic slump.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.4 | 4.1 | 0.5 | 0.5 | -40.7% |
| Lithuania | N/A | N/A | N/A | 0.1 | 0% |
| China | 13.7 | 4.2 | 0.1 | 0.1 | -80.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.1 | 8.4 | 0.6 | 0.7 | -64.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Kazakhstan in 2022:
- Russia (64.0 kg)
- China (22.0 kg)
- Lithuania (8.0 kg)
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