Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (FOB) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (CIF) - 2023
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (FOB) - 2023
In September 2023, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,451 per ton, stabilizing at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 12% m-o-m. As a result, the export price attained the peak level of $2,855 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Malaysia ($4,157 per ton), while the average price for exports to India ($1,948 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (CIF) - 2023
In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,301 per ton, with a decrease of -5% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in January 2023 an increase of 18% m-o-m. Over the period under review, average import prices reached the peak figure at $2,461 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($2,950 per ton), while the price for the United States ($2,188 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands
In 2022, after three years of growth, there was significant decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume decreased by -23.7% to 26K tons. In general, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses declined markedly to $66M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.9 | 6.6 | 10.3 | 9.6 | 120.1% |
| India | 0.5 | 3.0 | 0.7 | 7.0 | 141.0% |
| Belgium | 3.8 | 3.8 | 2.6 | 6.5 | 19.6% |
| Turkey | 3.8 | 4.4 | 10.4 | 6.0 | 16.4% |
| Germany | 5.6 | 5.9 | 3.7 | 5.2 | -2.4% |
| China | 2.9 | 0.9 | 4.2 | 4.5 | 15.8% |
| Spain | 5.6 | 3.5 | 1.0 | 4.3 | -8.4% |
| France | 2.8 | 2.6 | 2.9 | 2.9 | 1.2% |
| United States | 2.7 | 1.3 | 7.0 | 2.5 | -2.5% |
| United Kingdom | 10.3 | 7.4 | 2.1 | 2.4 | -38.5% |
| Switzerland | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Portugal | 0.7 | 0.8 | 1.3 | 1.5 | 28.9% |
| Others | 11.5 | 25.7 | 35.1 | 10.9 | -1.8% |
| Total | 51.3 | 66.0 | 81.0 | 65.6 | 8.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from the Netherlands in 2022:
- Italy (4.0K tons)
- Belgium (3.1K tons)
- Turkey (2.8K tons)
- India (2.5K tons)
- Germany (2.0K tons)
- Spain (1.9K tons)
- China (1.6K tons)
- France (1.2K tons)
- United Kingdom (0.9K tons)
- United States (0.7K tons)
- Switzerland (0.7K tons)
- Portugal (0.6K tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -11.3% to 27K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports attained the peak of 31K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses expanded modestly to $59M in 2022. The total import value increased at an average annual rate of +12.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.8 | 27.1 | 31.0 | 32.0 | 6.1% |
| Belgium | 2.3 | 3.6 | 7.8 | 8.3 | 53.4% |
| United Kingdom | 7.0 | 7.6 | 4.3 | 6.7 | -1.4% |
| Germany | 0.3 | 4.7 | 7.2 | 4.0 | 137.1% |
| Spain | N/A | 2.6 | 2.4 | 3.7 | 19.3% |
| China | 0.5 | 1.6 | 1.7 | 1.9 | 56.0% |
| Sweden | 3.1 | 3.0 | 0.9 | 0.3 | -54.1% |
| Others | 0.8 | 1.6 | 2.0 | 1.9 | 33.4% |
| Total | 40.8 | 51.7 | 57.4 | 58.7 | 12.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to the Netherlands in 2022:
- United States (16.2K tons)
- Belgium (3.4K tons)
- United Kingdom (2.3K tons)
- Germany (2.0K tons)
- Spain (1.6K tons)
- China (0.5K tons)
- Sweden (0.2K tons)
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