Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg (CIF) - 2022
  2. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $50,750 per ton in 2022, increasing by 289% against the previous year. Over the period under review, the import price posted 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 Russia ($78,000 per ton), while the price for Belgium totaled $41,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg

In 2022, purchases abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -99.3% to 4 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 452%. As a result, imports attained the peak of 1.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted markedly to $203 in 2022. In general, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 382%. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.50.60.10.1-41.5%
RussiaN/AN/AN/A0.10%
Italy2.212.17.7N/A87.1%
OthersN/A0.4N/AN/A0%
Total2.713.17.90.2-58.0%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Luxembourg in 2022:

  1. Belgium (3.0 kg)
  2. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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