Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,918 per ton in 2022, picking up by 6.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,410 per ton), while the price for China ($1,738 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+76.4%), 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 Estonia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,461 per ton, dropping by -54.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 1,049%. As a result, the export price attained the peak level of $38,630 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,889 per ton), while the average price for exports to Lithuania ($2,541 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 Latvia (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia
In 2022, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Estonia surged to 59 tons, jumping by 17% on the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $173K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 31.2 | 53.6 | 48.7 | 24.9% |
| Austria | N/A | N/A | N/A | 48.4 | 0% |
| Latvia | N/A | 20.8 | 24.6 | 40.2 | 39.0% |
| Belgium | N/A | N/A | N/A | 21.2 | 0% |
| Lithuania | N/A | 30.9 | 40.2 | 9.2 | -45.4% |
| United States | 70.5 | 3.5 | 4.5 | 4.4 | -60.3% |
| China | 18.0 | 0.2 | 0.3 | 1.0 | -61.8% |
| Others | 0.8 | 5.4 | 15.8 | 0.4 | -20.6% |
| Total | 89.4 | 92.0 | 139 | 173 | 24.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Estonia in 2022:
- Netherlands (24.3 tons)
- Latvia (11.6 tons)
- Austria (11.0 tons)
- Belgium (7.2 tons)
- Lithuania (3.1 tons)
- United States (1.6 tons)
- China (0.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia
Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Estonia soared to 12 tons in 2022, jumping by 122% compared with 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 364%. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses totaled $41K in 2022. Overall, exports saw tangible growth. The growth pace was the most rapid in 2020 with an increase of 225% against the previous year. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 16.9 | 0% |
| Lithuania | N/A | N/A | N/A | 10.7 | 0% |
| Latvia | N/A | N/A | N/A | 8.3 | 0% |
| Finland | N/A | N/A | N/A | 2.9 | 0% |
| Switzerland | N/A | N/A | N/A | 2.1 | 0% |
| United States | 37.1 | 120 | 41.0 | N/A | 5.1% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 37.1 | 120 | 41.0 | 41.1 | 3.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Estonia in 2022:
- Lithuania (4.2 tons)
- United Arab Emirates (3.5 tons)
- Latvia (2.6 tons)
- Finland (0.9 tons)
- Switzerland (0.6 tons)
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