Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Serbia - 2024

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,048 per ton in 2022, growing by 11% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27%. As a result, import price reached the peak level of $3,059 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,281 per ton), while the price for Belgium ($2,824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+26.7%), 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 Serbia (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,419 per ton, growing by 12% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 111%. Over the period under review, the average export prices attained the peak figure at $13,067 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($4,398 per ton), while the average price for exports to Slovenia ($2,936 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 Greece (+30.6%).

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

In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -34.8% to 205 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 70%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses declined dramatically to $626K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 111% against the previous year.

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

1. United States (99.2 tons)
2. Belgium (63.2 tons)
3. China (33.2 tons)
4. Slovenia (9.5 tons)
5. Germany (0.2 tons)

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

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -57.4% to 28 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. As a result, the exports reached the peak of 67 tons, and then contracted sharply in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted significantly to $97K in 2022. In general, exports, however, saw measured growth. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. As a result, the exports attained the peak of $205K, and then fell dramatically in the following year.

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

1. Slovenia (14.3 tons)
2. North Macedonia (10.4 tons)
3. Greece (3.8 tons)

Source: IndexBox Market Intelligence Platform