Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,544 per ton in September 2023, increasing by 7.5% against the previous month. Overall, the import price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 31% against the previous month. As a result, import price attained the peak level of $4,739 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($34,767 per ton), while the price for India ($6,268 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+13.6%), 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 France (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $8,426 per ton, with an increase of 28% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,860 per ton), while the average price for exports to Thailand ($2,848 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 Spain (+7.4%), 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 France
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into France declined rapidly to 5K tons, shrinking by -17.9% compared with 2021 figures. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 3%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses fell to $21M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of $22M, and then reduced in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.3 | 2.3 | 3.5 | 4.1 | 21.3% |
| Germany | 3.3 | 3.8 | 4.6 | 3.7 | 3.9% |
| Netherlands | 1.5 | 3.0 | 3.8 | 3.4 | 31.4% |
| United States | 2.4 | 1.9 | 2.2 | 2.3 | -1.4% |
| Spain | 3.5 | 1.6 | 1.5 | 1.4 | -26.3% |
| China | 1.4 | 1.2 | 1.4 | 1.3 | -2.4% |
| Sweden | 0.7 | 0.9 | 0.8 | 1.1 | 16.3% |
| Italy | 0.8 | 0.8 | 0.8 | 0.5 | -14.5% |
| Others | 3.2 | 2.6 | 3.3 | 3.4 | 2.0% |
| Total | 19.1 | 18.0 | 21.9 | 21.1 | 3.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to France in 2022:
- Belgium (1564.0 tons)
- Netherlands (1210.7 tons)
- Germany (1040.9 tons)
- Sweden (440.4 tons)
- Spain (172.9 tons)
- China (169.2 tons)
- Italy (117.8 tons)
- United States (115.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France
In 2022, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from France contracted notably to 1.5K tons, dropping by -39.5% compared with 2021 figures. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.5%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses shrank sharply to $13M in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.2 | 1.7 | 2.9 | 2.4 | 26.0% |
| Germany | 2.2 | 2.2 | 2.5 | 2.1 | -1.5% |
| Spain | 1.7 | 1.9 | 1.7 | 1.6 | -2.0% |
| United States | 1.8 | 2.4 | 2.9 | 1.1 | -15.1% |
| Italy | 0.8 | 1.3 | 1.2 | 0.9 | 4.0% |
| Thailand | 1.2 | 1.2 | 1.4 | 0.9 | -9.1% |
| Belgium | 1.3 | 0.5 | 1.1 | 0.8 | -14.9% |
| Netherlands | 0.3 | 0.6 | 0.8 | 0.5 | 18.6% |
| Turkey | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Poland | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Taiwan (Chinese) | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| India | 3.9 | 0.7 | 0.1 | 0.1 | -70.5% |
| Vietnam | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 2.1 | 1.7 | 1.2 | 1.6 | -8.7% |
| Total | 16.7 | 14.5 | 16.4 | 12.6 | -9.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from France in 2022:
- Thailand (313.1 tons)
- United States (214.1 tons)
- Switzerland (152.8 tons)
- Netherlands (144.8 tons)
- Germany (123.4 tons)
- Spain (120.3 tons)
- Italy (78.9 tons)
- Belgium (51.3 tons)
- Turkey (46.5 tons)
- Poland (44.3 tons)
- Taiwan (Chinese) (25.2 tons)
- Vietnam (24.0 tons)
- India (15.8 tons)
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