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

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $4,534 per ton in 2022, jumping by 53% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +99.3% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($12,279 per ton), while the price for Belgium ($2,371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $4,107 per ton, growing by 21% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +71.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($9,810 per ton), while the average price for exports to Kazakhstan ($3,153 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 the United States (+10.0%), 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 Ukraine

In 2022, approx. 233 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Ukraine; waning by -58.2% on 2021. Overall, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 558 tons, and then contracted markedly in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced dramatically to $1.1M in 2022. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of $1.7M, and then declined dramatically in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3041954563221.9%
Germany2832193013032.3%
Belgium99.426640822030.3%
China340269440195-16.9%
Others70.734.050.417.5-37.2%
Total1,0969831,6551,057-1.2%

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

  1. Belgium (92.6 tons)
  2. United States (74.3 tons)
  3. China (39.8 tons)
  4. Germany (24.6 tons)

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

Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Ukraine skyrocketed to 26 tons in 2022, rising by 17% on 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $109K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova33.444.059.180.534.1%
Georgia4.42.98.010.533.6%
Latvia5.02.30.98.117.4%
United States0.35.31.75.8168.4%
KazakhstanN/AN/A0.13.53400.0%
BelarusN/A2.63.7N/A42.3%
Others0.30.13.20.30.0%
Total43.457.276.810935.9%

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

  1. Moldova (20.9 tons)
  2. Latvia (2.0 tons)
  3. United States (1.4 tons)
  4. Georgia (1.1 tons)
  5. Kazakhstan (1.1 tons)

Source: IndexBox Market Intelligence Platform

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