Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,362 per ton in 2022, reducing by -26.3% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +19.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum at $2,255 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($19,855 per ton), while the price for Spain ($283 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.4%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria
In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses imported into Algeria skyrocketed to 37 tons, growing by 66% against 2021. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 123% against the previous year. As a result, imports reached the peak of 51 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $50K in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $59K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 29.3 | 35.8 | 29.8 | 34.6 | 5.7% |
| China | 8.3 | 6.8 | 8.0 | 8.4 | 0.4% |
| Spain | 7.6 | 8.8 | 2.2 | 6.3 | -6.1% |
| Turkey | 1.0 | 0.8 | 0.5 | 0.4 | -26.3% |
| South Korea | N/A | 5.9 | N/A | N/A | 0% |
| Others | 0.8 | 0.6 | 0.2 | 0.1 | -50.0% |
| Total | 46.9 | 58.7 | 40.7 | 49.7 | 2.0% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Algeria in 2022:
- Spain (22.2 tons)
- China (11.8 tons)
- Belgium (1.7 tons)
- Turkey (0.7 tons)
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