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From 2022 to 2023, the exports of Acrylic Acid Esters failed to regain momentum, with a significant shrinkage in value to $507M in 2023.
The growth of Acrylic Acid Esters imports from 2022 to 2023 did not recover momentum, as the value of imports dropped significantly to $22M in 2023.
Learn about the growing demand for esters of acrylic acid worldwide and the projected market trends for the next seven years, including anticipated growth in volume and value.
The exports of Acrylic Acid Esters reached a peak of 162K tons in 2021, but remained at a lower figure from 2022 to 2023. In terms of value, exports sharply contracted to $248M in 2023.
During the review period, Acrylic Acid Esters imports peaked at 99K tons in 2021. However, there was a decline in imports from 2022 to 2023, with import values significantly dropping to $147M in 2023.
Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
From 2021 to 2023, the growth of Acrylic Acid Esters imports remained somewhat lower, with a significant drop in value to $95M in 2023.
The growth pace for Acrylic Acid Esters was the most rapid in January 2023 with an increase of 41% compared to the previous month. In value terms, acrylic acid esters imports notably dropped to $2.6M in December 2023.
In January 2023, the imports of Acrylic Acid Esters experienced a remarkable growth rate, increasing by 138% compared to the previous month. This surge in imports continued in September 2023, reaching a value of $8.4M.
The rate of growth for Acrylic Acid Esters reached its peak in April 2023 with a remarkable increase of 106% compared to the previous month. However, by October 2023, the value of acrylic acid esters imports had decreased to $4.3M.
Imports of Acrylic Acid Esters reached a peak of 12K tons, but dramatically declined in the subsequent month. In terms of value, imports of acrylic acid esters dropped significantly to $12M in July 2023.
In July 2023, the price of Acrylic Acid Esters was $1,373 per ton (FOB, South Africa), representing a decrease of 1.9% compared to the previous month.