Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,091 per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 an increase of 30%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3,091 per ton) and the United States ($3,091 per ton), while the price for China ($3,091 per ton) and the UK ($3,091 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.1%), 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 Egypt (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,895 per ton, shrinking by -3.9% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 130% against the previous year. Over the period under review, the average export prices attained the maximum at $7,911 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2014 to 2022, the rate of growth in terms of prices for Turkey amounted to +12.0% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Egypt skyrocketed to 4.5K tons, rising by 72% compared with the previous year. Over the period under review, imports enjoyed a significant 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 $14M in 2022. Overall, imports posted a significant increase. As a result, imports reached 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 Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 3.1 | 4.5 | 6.9 | 42.2% |
| China | 1.8 | 1.5 | 0.6 | 3.4 | 23.6% |
| Belgium | 0.2 | 0.2 | 1.0 | 1.7 | 104.1% |
| India | 0.1 | 0.2 | 0.1 | 0.9 | 108.0% |
| Sweden | 0.1 | N/A | N/A | 0.4 | 58.7% |
| United Kingdom | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 0.6 | 0.7 | 0.4 | -17.0% |
| Total | 5.4 | 5.8 | 7.1 | 13.9 | 37.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Egypt in 2022:
- United States (2244.7 tons)
- China (1086.2 tons)
- Belgium (565.9 tons)
- India (293.2 tons)
- Sweden (124.0 tons)
- United Kingdom (43.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt
Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Egypt reduced rapidly to 600 kg in 2022, which is down by -94.1% on the previous year's figure. Overall, exports continue to indicate a sharp slump. The smallest decline of -5.7% was in 2021.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced markedly to $2.3K in 2022. Over the period under review, exports showed a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 13.4 | 40.0 | 2.3 | -58.6% |
| Tanzania | N/A | 11.6 | N/A | N/A | 0% |
| Tunisia | 17.9 | N/A | N/A | N/A | 0% |
| Angola | 2.9 | 5.2 | N/A | N/A | 79.3% |
| Others | 0.6 | N/A | 1.3 | N/A | 47.2% |
| Total | 21.4 | 30.2 | 41.3 | 2.3 | -52.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Egypt in 2022:
- Turkey (600.0 kg)
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