Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Slovakia - 2023

Contents:

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

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

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $5,294 per ton, declining by -5.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $5,626 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,307 per ton), while the average price for exports to the Czech Republic ($977 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 Poland (+143.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $4,510 per ton, rising by 31% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 71%. As a result, import price reached the peak level of $5,844 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,115 per ton), while the price for Austria ($3,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 92 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were exported from Slovakia; rising by 36% compared with the previous year's figure. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $487K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27221928148221.0%
Czech Republic2.81.91.50.6-40.2%
Hungary0.30.21.5N/A123.6%
PolandN/AN/A94.5N/A0%
Others0.41.70.93.9113.6%
Total27622338048720.8%

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

  1. Germany (90.9 tons)
  2. Czech Republic (0.6 tons)

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

In 2022, approx. 15 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Slovakia; declining by -36.3% compared with the previous year. In general, imports faced a dramatic setback. The smallest decline of -6.1% was in 2020.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted notably to $70K in 2022. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of $187K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A28.235.440.820.3%
Germany67.215217.34.5-59.4%
AustriaN/A0.83.34.2129.1%
Czech Republic0.93.416.44.064.4%
CanadaN/AN/A1.63.4112.5%
United States40.7N/A1.20.9-71.9%
Others7.52.48.411.816.3%
Total11618783.469.5-15.7%

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

  1. Poland (11.6 tons)
  2. Austria (1.2 tons)
  3. Czech Republic (1.0 tons)
  4. Germany (0.9 tons)
  5. Canada (0.3 tons)
  6. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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