Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,236 per ton in September 2023, increasing by 3% against the previous month. In general, the import price, however, recorded a perceptible descent. The growth pace was the most rapid in June 2023 an increase of 8.3% against the previous month. The import price peaked at $4,085 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($5,758 per ton), while the price for China ($1,702 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 the United States (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $10,711 per ton, jumping by 48% against the previous year. Over the period under review, the export price showed a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of 481%. As a result, the export price attained the peak level of $10,981 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,178 per ton), while the average price for exports to Hong Kong SAR ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+27.8%), 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 Canada
In 2022, after two years of decline, there was significant growth in purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume increased by 78% to 2.9K tons. Over the period under review, imports enjoyed a pronounced increase. 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 $12M in 2022. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.5 | 3.7 | 4.1 | 8.7 | 16.5% |
| China | 0.9 | 0.6 | 0.7 | 2.1 | 32.6% |
| India | N/A | 0.2 | 0.2 | 0.4 | 41.4% |
| Belgium | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Italy | 0.4 | 0.3 | 0.5 | 0.1 | -37.0% |
| Others | 0.1 | 0.5 | 0.1 | 0.3 | 44.2% |
| Total | 7.0 | 5.4 | 5.9 | 12.0 | 19.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Canada in 2022:
- United States (2396.5 tons)
- China (208.3 tons)
- India (106.4 tons)
- Belgium (78.6 tons)
- Italy (35.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada
After three years of growth, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -60.9% to 9.1 tons in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses shrank markedly to $98K in 2022. Over the period under review, exports saw a pronounced slump. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of $172K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 108 | 169 | 160 | 93.2 | -4.8% |
| Hong Kong SAR | N/A | 0.6 | 0.7 | 1.4 | 52.8% |
| Germany | N/A | 0.1 | 0.5 | 0.7 | 164.6% |
| China | N/A | 0.5 | 0.9 | 0.6 | 9.5% |
| France | 0.4 | 1.1 | 1.3 | 0.4 | 0.0% |
| Japan | 0.1 | 0.1 | 0.7 | 0.4 | 58.7% |
| United Kingdom | N/A | N/A | 2.0 | N/A | 0% |
| Others | 1.2 | 0.7 | 1.9 | 0.8 | -12.6% |
| Total | 110 | 172 | 168 | 97.5 | -3.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Canada in 2022:
- United States (5.8 tons)
- Hong Kong SAR (1.7 tons)
- China (0.4 tons)
- Germany (0.4 tons)
- France (0.3 tons)
- Japan (0.2 tons)
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