Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $1,693 per ton in September 2023, which is down by -12.6% against the previous month. Overall, the import price showed a perceptible setback. The pace of growth appeared the most rapid in May 2023 an increase of 7.1% m-o-m. Over the period under review, average import prices hit record highs at $2,515 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,223 per ton), while the price for China ($1,467 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+27.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $5,390 per ton, increasing by 10% against the previous year. In general, the export price showed a modest expansion. The growth pace was the most rapid in 2013 when the average export price increased by 325%. As a result, the export price reached the peak level of $19,531 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($5,390 per ton), while the average price for exports to Japan amounted to $5,376 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia
For the fourth consecutive year, Australia recorded growth in overseas purchases of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, which increased by 15% to 3.9K tons in 2022. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $9.7M in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 0.4 | 2.6 | 4.2 | 247.6% |
| China | 1.0 | 1.2 | 2.1 | 3.1 | 45.8% |
| Japan | 1.1 | 1.1 | 1.5 | 1.7 | 15.6% |
| Belgium | 0.1 | N/A | 0.5 | 0.3 | 44.2% |
| Singapore | 2.3 | 2.1 | 0.6 | 0.1 | -64.8% |
| Others | 0.5 | 0.2 | 0.4 | 0.4 | -7.2% |
| Total | 5.1 | 5.1 | 7.7 | 9.7 | 23.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Australia in 2022:
- United States (1466.1 tons)
- China (1401.6 tons)
- Japan (849.1 tons)
- Belgium (104.5 tons)
- Singapore (17.8 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia
In 2022, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Australia dropped remarkably to 19 tons, reducing by -23.3% against 2021 figures. In general, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of 25 tons, and then reduced rapidly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses fell markedly to $104K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. As a result, the exports reached the peak of $123K, and then shrank markedly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2.2 | 0.5 | 120 | 102 | 259.2% |
| Japan | 1.9 | 1.5 | N/A | 1.6 | -5.6% |
| Fiji | 28.3 | 13.6 | N/A | N/A | -51.9% |
| Papua New Guinea | 12.4 | 30.9 | N/A | N/A | 149.2% |
| Others | 1.1 | 7.9 | 2.7 | N/A | 56.7% |
| Total | 45.9 | 54.4 | 123 | 104 | 31.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Australia in 2022:
- New Zealand (18.9 tons)
- Japan (0.3 tons)
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