Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,983 per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,891 per ton), while the price for France ($928 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,642 per ton in 2022, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($8,056 per ton), while the average price for exports to Portugal ($1,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy

In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Italy surged to 4.9K tons, rising by 26% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $9.8M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.22.02.03.921.0%
France1.41.01.51.76.7%
Spain1.10.71.01.35.7%
Czech Republic0.70.70.71.116.3%
India0.30.1N/A0.1-30.7%
Others1.41.01.41.76.7%
Total7.05.46.69.811.9%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Italy in 2022:

  1. China (1966.7 tons)
  2. France (1818.9 tons)
  3. Spain (705.8 tons)
  4. Czech Republic (282.4 tons)
  5. India (45.8 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy

In 2022, shipments abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses was finally on the rise to reach 452 tons after two years of decline. Over the period under review, exports, however, continue to indicate a deep setback.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $1.2M in 2022. Overall, exports, however, saw a pronounced descent.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States355167146226-14.0%
Turkey43.579.710416856.9%
Hungary170193104144-5.4%
Kenya13.752.548.691.288.1%
Uganda66.612.253.487.59.5%
Albania16.221.4N/A59.053.9%
LebanonN/AN/AN/A51.70%
Syrian Arab RepublicN/AN/AN/A46.30%
France81.581.074.639.6-21.4%
Tunisia14.814.413.524.818.8%
Portugal28.715.521.019.4-12.2%
Brazil18.613.325.216.9-3.1%
Israel3.84.55.112.849.9%
Others525279283207-26.7%
Total1,3379328801,194-3.7%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Italy in 2022:

  1. United States (76.4 tons)
  2. Turkey (66.9 tons)
  3. Kenya (59.7 tons)
  4. Uganda (56.7 tons)
  5. Albania (28.5 tons)
  6. Lebanon (21.3 tons)
  7. Syrian Arab Republic (19.1 tons)
  8. Hungary (17.9 tons)
  9. Portugal (13.5 tons)
  10. France (12.4 tons)
  11. Tunisia (11.3 tons)
  12. Brazil (9.8 tons)
  13. Israel (8.0 tons)

Source: IndexBox Market Intelligence Platform

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