Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,789 per ton in 2022, waning by -24.5% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 75%. As a result, import price reached the peak level of $2,369 per ton, and then contracted markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,645 per ton), while the price for the UK ($1,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,090 per ton in 2022, reducing by -14.2% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 40% against the previous year. The export price peaked at $2,300 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Armenia.
From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to -3.3% per year.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran
In 2022, overseas purchases of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were finally on the rise to reach 2K tons after two years of decline. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses dropped to $3.6M in 2022. In general, imports, however, showed a pronounced setback. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $4.1M, and then fell in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,643 | 1,909 | 2,189 | 2,384 | 13.2% |
| United Arab Emirates | 1,507 | 529 | 1,291 | 519 | -29.9% |
| India | 57.4 | 85.2 | 43.0 | 144 | 35.9% |
| Italy | 152 | 104 | 107 | 124 | -6.6% |
| France | 143 | 128 | 119 | 122 | -5.2% |
| Malaysia | 177 | 73.5 | 66.8 | 107 | -15.4% |
| Turkey | 166 | 52.2 | 75.9 | 51.3 | -32.4% |
| United Kingdom | 24.8 | 41.8 | 41.1 | 44.0 | 21.1% |
| Others | 132 | 260 | 175 | 151 | 4.6% |
| Total | 4,002 | 3,183 | 4,109 | 3,646 | -3.1% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Iran in 2022:
- China (1216.0 tons)
- United Arab Emirates (320.8 tons)
- Italy (106.4 tons)
- India (104.6 tons)
- Malaysia (95.6 tons)
- France (46.4 tons)
- United Kingdom (42.5 tons)
- Turkey (26.2 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran
In 2022, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Iran totaled 200 kg, leveling off at 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses contracted to $218 in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Iran (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 263 | 100 | 254 | 218 | -6.1% |
| Kazakhstan | N/A | 81.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 263 | 181 | 254 | 218 | -6.1% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Iran in 2022:
- Armenia (200.0 kg)
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