Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia - 2022
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (FOB) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (CIF) - 2022
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,588 per ton, with an increase of 2.7% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 6.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,025 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,322 per ton), while the average price for exports to the United Arab Emirates stood at $1,542 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.4%).
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,402 per ton in 2022, reducing by -4.9% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by +0.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 98% against the previous year. The import price peaked at $2,220 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,889 per ton), while the price for China ($1,078 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia
In 2022, approx. 1.2K tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were exported from Saudi Arabia; which is down by -42.2% against 2021 figures. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 538%. As a result, the exports attained the peak of 2.1K tons, and then shrank markedly in the following year.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses contracted rapidly to $1.9M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 430%. As a result, the exports attained the peak of $3.2M, and then dropped dramatically in the following year.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 540 | 413 | 2,927 | 1,739 | 47.7% |
| Oman | 199 | 191 | 275 | 163 | -6.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 739 | 604 | 3,201 | 1,902 | 37.0% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Saudi Arabia in 2022:
- United Arab Emirates (1128.0 tons)
- Oman (70.3 tons)
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia
In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses was finally on the rise to reach 207 tons after two years of decline. Overall, imports, however, showed a precipitous curtailment.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $290K in 2022. In general, imports, however, showed a significant decline.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 780 | 364 | 0.9 | 200 | -36.5% |
| China | 172 | 66.5 | 31.0 | 47.1 | -35.1% |
| Italy | 75.4 | 50.5 | 29.6 | 27.2 | -28.8% |
| Germany | 56.8 | 28.5 | 1.5 | 15.2 | -35.6% |
| Others | 4.3 | N/A | 6.7 | N/A | 24.8% |
| Total | 1,089 | 509 | 69.8 | 290 | -35.7% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Saudi Arabia in 2022:
- United States (136.2 tons)
- China (43.7 tons)
- Italy (14.4 tons)
- Germany (12.3 tons)
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