Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (CIF) - 2023
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (CIF) - 2023

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,257 per ton in August 2023, with a decrease of -9.7% against the previous month. Overall, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in January 2023 when the average import price increased by 9.6% month-to-month. Over the period under review, average import prices reached the maximum at $1,755 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($1,330 per ton), while the price for China ($1,128 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-2.8%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,354 per ton, jumping by 32% against the previous year. In general, the export price posted a tangible expansion. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bosnia and Herzegovina ($2,875 per ton) and Serbia ($2,413 per ton), while the average price for exports to Austria ($2,291 per ton) and Croatia ($2,384 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia

After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -40.5% to 4.6K tons in 2022. Over the period under review, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 7.8K tons, and then plummeted in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted significantly to $8.7M in 2022. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 117%. As a result, imports reached the peak of $11M, and then reduced rapidly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.04.78.46.16.9%
BelgiumN/A0.32.01.8144.9%
NetherlandsN/A0.10.20.373.2%
Poland0.80.10.40.1-50.0%
BulgariaN/AN/A0.10.10.0%
Others0.20.10.30.314.5%
Total6.05.311.48.713.2%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Slovenia in 2022:

  1. Germany (3306.4 tons)
  2. Belgium (909.6 tons)
  3. Netherlands (166.6 tons)
  4. Bulgaria (71.8 tons)
  5. Poland (48.1 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia

After three years of growth, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -12.3% to 265 tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports attained the peak of 302 tons, and then contracted in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $625K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 186% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia80.487.328930956.6%
AustriaN/A26.4212245204.6%
Serbia66.57.630.262.5-2.0%
Bosnia and Herzegovina3.713.010.38.029.3%
Hungary18.454.7N/AN/A197.3%
OthersN/AN/A0.1N/A0%
Total16918954162554.6%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Slovenia in 2022:

  1. Croatia (129.6 tons)
  2. Austria (107.0 tons)
  3. Serbia (25.9 tons)
  4. Bosnia and Herzegovina (2.8 tons)

Source: IndexBox Market Intelligence Platform

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