Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,982 per ton, with an increase of 11% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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; n-butyl acetates increased by +95.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,554 per ton), while the price for the United States ($1,899 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -28.8% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates plummeted to $4.4M in 2022. Overall, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94%. As a result, imports reached the peak of $5.5M, and then shrank dramatically in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,313 | 540 | 910 | 1,727 | 9.6% |
United States | 1,183 | 1,473 | 1,940 | 1,477 | 7.7% |
Brazil | N/A | 451 | 1,825 | 783 | 31.8% |
Russia | 51.6 | 375 | 495 | 363 | 91.6% |
Others | 26.3 | 2.2 | 341 | 7.9 | -33.0% |
Total | 2,574 | 2,843 | 5,511 | 4,359 | 19.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Argentina in 2022:
- China (901.4 tons)
- United States (778.1 tons)
- Brazil (371.6 tons)
- Russia (147.5 tons)
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