Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,034 per ton in 2022, picking up by 7% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +90.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 78% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($2,666 per ton), while the price for the United States ($1,293 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -40.9% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports attained the peak of 2K tons, and then contracted dramatically in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced sharply to $2.3M in 2022. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. As a result, imports reached the peak of $3.7M, and then dropped sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,288 | 1,236 | 2,365 | 1,750 | 10.8% |
| Russia | 170 | 137 | 349 | 485 | 41.8% |
| Uruguay | N/A | N/A | N/A | 67.0 | 0% |
| United States | 50.4 | 99.5 | 611 | 37.8 | -9.1% |
| South Korea | 42.7 | 47.8 | 39.5 | N/A | -3.8% |
| Peru | N/A | 30.0 | 181 | N/A | 503.3% |
| Taiwan (Chinese) | 77.2 | 74.2 | 83.9 | N/A | 4.2% |
| Others | 55.6 | 78.9 | 77.5 | 4.1 | -58.1% |
| Total | 1,683 | 1,703 | 3,707 | 2,344 | 11.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Ecuador in 2022:
- China (902.2 tons)
- Russia (194.8 tons)
- United States (29.2 tons)
- Uruguay (25.1 tons)
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