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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,786 per ton, waning by -24.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 25% against the previous year. The import price peaked at $5,028 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($20,089 per ton), while the price for Malaysia ($1,650 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 (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by 118% to 350 tons in 2022. Overall, imports, however, saw a sharp decline.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $975K in 2022. In general, imports, however, recorded a sharp decline.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,746328218507-33.8%
Italy57.675.741.023459.6%
United Arab Emirates37111411653.6-47.5%
Spain19.238.718.050.437.9%
Belgium59.149.317.042.9-10.1%
Netherlands39.135.113.035.4-3.3%
Malaysia24.121.57.921.4-3.9%
Others16429216230.5-42.9%
Total2,480954592975-26.7%

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

  1. China (203.3 tons)
  2. Italy (69.9 tons)
  3. Belgium (21.2 tons)
  4. United Arab Emirates (14.2 tons)
  5. Malaysia (13.0 tons)
  6. Netherlands (11.6 tons)
  7. Spain (11.2 tons)

Source: IndexBox Market Intelligence Platform

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