Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $54,731 per ton, falling by -5% against the previous year. Overall, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure at $57,599 per ton in 2021, and then dropped slightly in the following year.
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 Germany ($78,963 per ton), while the price for France ($4,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria
Imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Algeria stood at 19 tons in 2022, leveling off at the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses dropped slightly to $1M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 8%.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 624 | 669 | 716 | 682 | 3.0% |
| Germany | 275 | 308 | 344 | 343 | 7.6% |
| France | 13.5 | 11.2 | 9.2 | 6.8 | -20.4% |
| Others | 9.7 | 7.4 | 5.6 | 3.8 | -26.8% |
| Total | 922 | 995 | 1,075 | 1,035 | 3.9% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Algeria in 2022:
- China (13.0 tons)
- Germany (4.3 tons)
- France (1.4 tons)
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