Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Uzbekistan - 2023

Contents:

1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Uzbekistan (CIF) - 2023
2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Uzbekistan

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Uzbekistan (CIF) - 2023

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,522 per ton in November 2023, reducing by -12.3% against the previous month. In general, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 35% against the previous month. The import price peaked at $2,762 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($1,527 per ton), while the price for Russia stood at $1,522 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (0.0%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses, which increased by 29% to 236 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $690K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Uzbekistan in 2022:

1. Turkey (115.1 tons)
2. China (51.9 tons)
3. Russia (46.7 tons)
4. Germany (20.0 tons)

Source: IndexBox Market Intelligence Platform