Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,700 per ton in 2022, picking up by 25% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63% against the previous year. The import price peaked at $4,429 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($5,430 per ton), while the price for China ($3,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $4,444 per ton, with an increase of 25% against the previous year. Overall, the export price, however, saw a slight descent. The export price peaked at $5,295 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($5,500 per ton), while the average price for exports to the UK totaled $4,417 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+25.8%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador

In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -0.2% to 393 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 increased by +57.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of 393 tons, leveling off in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $1.5M in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. Over the period under review, imports of hit record highs 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 Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11011150862078.0%
China25028439845321.9%
Hong Kong SAR44.658.116214548.1%
Colombia2.72.747.0135268.4%
Others61.323.545.710017.7%
Total4694791,1611,45245.7%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Ecuador in 2022:

  1. United States (177.0 tons)
  2. China (149.5 tons)
  3. Colombia (30.1 tons)
  4. Hong Kong SAR (26.7 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador

In 2022, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Ecuador contracted dramatically to 635 kg, shrinking by -19% on 2021 figures. In general, exports recorded a abrupt slump. The smallest decline of -12.5% was in 2021.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2.8K in 2022. Overall, exports showed a mild descent.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A2.70%
Peru3.02.92.80.1-67.8%
OthersN/AN/AN/AN/A0%
Total3.02.92.82.8-2.3%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Ecuador in 2022:

  1. United Kingdom (619.0 kg)
  2. Peru (16.0 kg)

Source: IndexBox Market Intelligence Platform

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