Formic acid price by country
One row per country: FOB exports for net exporters, CIF imports for net importers, monthly unit values from national customs statistics.
| Country | Basis | Quarter free view | USD/t | Q/Q | Latest month | USD/t | M/M |
|---|---|---|---|---|---|---|---|
| Netherlands | CIF imports | Q2 2026 | 514 | -2.8% | July 2026 🔒 | dashboard | – |
| Belgium awaiting next period | CIF imports | Q2 2026 | 734 | +18.6% | June 2026 🔒 | dashboard | – |
| Spain awaiting next period | CIF imports | Q2 2026 | 710 | +9.9% | June 2026 🔒 | dashboard | – |
| Brazil | CIF imports | Q2 2026 | 572 | -1.5% | August 2026 🔒 | dashboard | – |
| Italy awaiting next period | CIF imports | Q2 2026 | 811 | +11.6% | June 2026 🔒 | dashboard | – |
| United States | FOB exports | Q2 2026 | 759 | -2.5% | July 2026 🔒 | dashboard | – |
| India | CIF imports | Q2 2026 | 648 | +9.2% | July 2026 🔒 | dashboard | – |
| Japan | CIF imports | Q2 2026 | 609 (2 mo) | -22.5% | July 2026 🔒 | dashboard | – |
| Mexico | CIF imports | Q2 2026 | 643 | -16.0% | July 2026 🔒 | dashboard | – |
| United Kingdom | CIF imports | Q2 2026 | 999 | +4.1% | July 2026 🔒 | dashboard | – |
| Indonesia | CIF imports | Q2 2026 | 615 | +9.6% | July 2026 🔒 | dashboard | – |
| Canada | CIF imports | Q2 2026 | 1,031 | +0.4% | July 2026 🔒 | dashboard | – |
In verification: Malaysia (latest customs month August 2026); Thailand (latest customs month May 2026). Each is added as soon as its customs record has enough recent months to publish a reliable monthly price.
Formic acid price trend, last four quarters
- Netherlands CIF lead
- Belgium CIF
- Spain CIF
- Brazil CIF
- Italy CIF
- United States FOB
- India CIF
- Japan CIF
- Mexico CIF
- United Kingdom CIF
- Indonesia CIF
- Canada CIF
Formic acid price history since 2015
Annual average unit values from national customs statistics, 2015 to 2024, for each published country (value over net weight of the year, same basis as the monthly series). It places today's price in the cycle: how far it sits from the long-run low, high and average.
| Country | Years | Low | High | Average | Quarter shown | Vs average | Above |
|---|---|---|---|---|---|---|---|
| Netherlands CIF imports | 2015–2024 | 430 (2020) | 812 (2022) | 555 | 514 · Q2 2026 | -7.4% | 5 of 10 years |
| Belgium CIF imports | 2015–2024 | 367 (2016) | 1,039 (2022) | 591 | 734 · Q2 2026 | +24.1% | 8 of 10 years |
| Spain CIF imports | 2015–2024 | 457 (2020) | 1,078 (2022) | 704 | 710 · Q2 2026 | +0.8% | 5 of 10 years |
| Brazil CIF imports | 2015–2024 | 487 (2016) | 1,389 (2022) | 761 | 572 · Q2 2026 | -24.9% | 3 of 10 years |
| Italy CIF imports | 2015–2024 | 516 (2020) | 1,159 (2022) | 726 | 811 · Q2 2026 | +11.7% | 7 of 10 years |
| United States FOB exports | 2016–2024 | 674 (2019) | 1,288 (2022) | 858 | 759 · Q2 2026 | -11.6% | 3 of 9 years |
| India CIF imports | 2015–2024 | 505 (2020) | 1,157 (2022) | 755 | 648 · Q2 2026 | -14.1% | 3 of 10 years |
| Japan CIF imports | 2015–2024 | 557 (2020) | 1,110 (2022) | 751 | 609 · Q2 2026 | -18.9% | 1 of 10 years |
| Mexico CIF imports | 2015–2024 | 491 (2020) | 1,367 (2022) | 765 | 643 · Q2 2026 | -16.0% | 4 of 10 years |
| United Kingdom CIF imports | 2015–2022 | 526 (2020) | 1,242 (2022) | 729 | 999 · Q2 2026 | +37.0% | 7 of 8 years |
| Indonesia CIF imports | 2015–2024 | 477 (2020) | 1,157 (2022) | 738 | 615 · Q2 2026 | -16.8% | 3 of 10 years |
| Canada CIF imports | 2015–2024 | 933 (2020) | 1,783 (2022) | 1,241 | 1,031 · Q2 2026 | -16.9% | 1 of 10 years |
"Above" counts the yearly averages the figure beats.
Formic acid price outlook by region
North America formic acid price
Region mean Q2 2026: USD 789 per t, -3.8% on Q1 2026 (tonnage-weighted across 2 series).
Europe formic acid price
Region mean Q2 2026: USD 639 per t, +4.8% on Q1 2026 (tonnage-weighted across 5 series).
Asia Pacific formic acid price
Region mean Q2 2026: USD 634 per t, +1.1% on Q1 2026 (tonnage-weighted across 3 series).
Latin America formic acid price
Region mean Q2 2026: USD 584 per t, -4.5% on Q1 2026 (tonnage-weighted across 2 series).
Formic acid price by country: desk notes
The desk writes a quarterly note for each published country: Netherlands, Belgium, Spain, Brazil, Italy, United States, India, Japan, Mexico, United Kingdom, Indonesia, Canada. The Netherlands, the largest formic acid importer tracked and also the cheapest, averaged USD 514 per t cost, insurance and freight (CIF) in the second quarter, -2.8% on the first. All country notes →
What moved the formic acid price in April 2026?
No plant outage or capacity event was recorded for this period; the moves reflect trade flows and feedstock.
Formic acid plant maintenance and outages
No running or scheduled shutdown is recorded yet; the desk adds them from company filings and exchange notices as they are announced.
Who produces formic acid?
Producers are being registered from filings. The table appears when the first plant passes the source check.
How is the formic acid price assessed?
Trade-implied from customs data (rule v3, 29 Sep 2026). Trade-implied unit value: the customs value of a country's monthly trade in the commodity's HS code divided by the customs tonnage, from national customs statistics as compiled by UN Comtrade, on the world-partner total. Exports FOB are used for net exporters and imports CIF for net importers, so each country line is the leg that carries the volume. The tonnage is the as-shipped weight recorded by customs, so lye and solution products are priced on shipped tonnes, not contained product. A month is published only when its tonnage clears the volume floor and the figure passes the desk's checks against the previous months and the other countries; a month that fails is held, not estimated. A figure marked rev was revised after first publication and the earlier value stays in the record.
A quarter is the mean of its published months. Years before the monthly series are customs annual totals (value over net weight); years under 1,200 t traded are left out. The world figure is the tonnage-weighted mean of the countries sharing the latest month. "rev" marks a revised figure; the earlier value stays in the record. Every number is computed from the customs record and verified by the research desk; nothing is typed in.
Primary source: national customs statistics as compiled in UN Comtrade (monthly, HS 291511, world partner), classified under the WCO Harmonized System.
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Questions buyers ask about the formic acid price
What is the formic acid price today?
USD 626 per t world in April 2026, the tonnage-weighted mean of 11 country series. The public page shows quarter means one quarter behind; the current month for every country is in the dashboard. Each monthly figure is a unit value from national customs statistics, verified by the research desk before publication.
Which countries does this formic acid price page cover?
12 published: Netherlands, Belgium, Spain, Brazil, Italy, United States, India, Japan, Mexico, United Kingdom, Indonesia, Canada. In verification: Malaysia, Thailand (added as soon as their customs record has enough recent months for a reliable monthly price).
How is the formic acid price assessed?
Customs value divided by customs tonnage, per country and month: FOB exports for net exporters, CIF imports for net importers, from national customs statistics (UN Comtrade). The research desk verifies each month before it is published.
What is free and what do subscribers get?
Free: quarter means one quarter behind, the quarter chart, the price history, producers and the method. Subscribers (from USD 1,999 a year) get every month for every country, spreads, averages, contract formulas, CSV, desk notes and alerts.
Related coverage
Cite as: Douglas Insights, Formic acid price by country, April 2026, https://www.douglasinsights.com/prices/formic-acid/, accessed 7 October 2026.