Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates amounted to $15,683 per ton, shrinking by -24.3% against the previous year. In general, the import price, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 238% against the previous year. Over the period under review, average import prices attained the maximum at $20,727 per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($27,598 per ton), while the price for Germany amounted to $9,498 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.6%).

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (FOB) - 2022

In 2021, the average export price for acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates amounted to $2,995 per ton, with a decrease of -19.5% against the previous year. Over the period under review, the export price, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 117%. The export price peaked at $3,899 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +25.9% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates imported into Belgium skyrocketed to 1.9 tons, with an increase of 74% against the previous year's figure. Overall, imports, however, continue to indicate a precipitous descent.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates skyrocketed to $30K in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, imports reached the peak of $36K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.914.919.917.817.8%
Germany1.44.53.012.1105.2%
United Kingdom14.216.4N/AN/A15.5%
OthersN/AN/AN/A0.30%
Total26.535.923.030.24.5%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate to Belgium in 2022:

  1. Germany (1274.0 kg)
  2. Netherlands (645.0 kg)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium

For the third consecutive year, Belgium recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates, which increased by 20,011% to 25 tons in 2021. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates skyrocketed to $73K in 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in Belgium (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
SpainN/AN/A73.50%
Others0.40.5N/A25.0%
Total0.40.573.51255.5%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate from Belgium in 2022:

  1. Spain (24.5 tons)

Source: IndexBox Market Intelligence Platform

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