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The exports of Phenylacetic Acid reached a peak of 38K tons in 2021 but decreased in the following years, with exports totaling $344M in 2024.
Phenylacetic Acid imports reached a peak of 13K tons in 2022 before experiencing a significant drop in the following year. In terms of value, imports declined notably to $145M in 2023.
Phenylacetic Acid imports reached a peak of 13K tons in 2022, but saw a substantial decrease in the following year. The value of imports also declined significantly to $145M in 2023.
The growth rate peaked in January 2023 with a 92% month-on-month increase in imports. Phenylacetic Acid imports dropped to $1.1M in December 2023.
In January 2023, the growth rate of Phenylacetic Acid was remarkable, showing a month-to-month increase of 92%. The import value also surged to $2.1M in September 2023.
In May 2023, the import growth rate of Phenylacetic Acid reached its peak, with a 100% increase compared to the previous month. However, the value of Phenylacetic Acid imports declined sharply to $2.4M in July 2023.
In March 2023, the price of Phenylacetic Acid reached $18,451 per ton (CIF, Turkey), showing a decrease of -10.1% compared to the previous month.
In value terms, phenylacetic acid exports dropped dramatically to $30M in April 2023.
In February 2023, the phenylacetic acid price stood at $17,059 per ton (CIF, Brazil), picking up by 3.9% against the previous month.
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