Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,301 per ton in September 2023, growing by 1.6% against the previous month. Overall, the import price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in January 2023 an increase of 10% m-o-m. The import price peaked at $1,669 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Bulgaria ($1,592 per ton), while the price for China ($1,192 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (-1.6%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,032 per ton in 2022, reducing by -17.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $2,475 per ton, and then declined notably in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($2,712 per ton) and Cyprus ($2,533 per ton), while the average price for exports to Bulgaria ($1,970 per ton) and Serbia ($1,997 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.5%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece
In 2022, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Greece declined markedly to 2.4K tons, waning by -16.6% compared with the year before. Over the period under review, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 96% against the previous year. As a result, imports reached the peak of 2.8K tons, and then declined remarkably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced to $4.2M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 165%. As a result, imports attained the peak of $4.8M, and then dropped in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 916 | 945 | 3,159 | 2,938 | 47.5% |
| Turkey | 582 | 398 | 612 | 882 | 14.9% |
| China | 144 | 90.2 | 572 | 191 | 9.9% |
| Bulgaria | 194 | 60.9 | 140 | 167 | -4.9% |
| Russia | 88.7 | 205 | 35.1 | N/A | -37.1% |
| Belgium | 58.9 | 87.1 | 45.7 | N/A | -11.9% |
| Others | 16.8 | 7.4 | 190 | 38.2 | 31.5% |
| Total | 2,001 | 1,793 | 4,755 | 4,216 | 28.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Greece in 2022:
- Germany (1646.8 tons)
- Turkey (495.9 tons)
- China (127.9 tons)
- Bulgaria (87.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -39.9% to 213 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 365%. As a result, the exports attained the peak of 355 tons, and then dropped notably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell rapidly to $433K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 567%. As a result, the exports attained the peak of $878K, and then declined dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | 28.5 | 230 | 218 | 176.6% |
| Albania | 102 | 103 | 135 | 161 | 16.4% |
| Serbia | N/A | N/A | 168 | 42.8 | -74.5% |
| Romania | N/A | N/A | N/A | 10.3 | 0% |
| Cyprus | N/A | N/A | 72.4 | 0.9 | -98.8% |
| Germany | N/A | N/A | 201 | N/A | 0% |
| France | N/A | N/A | 38.3 | N/A | 0% |
| Egypt | N/A | N/A | 33.7 | N/A | 0% |
| Others | N/A | 0.5 | 0.2 | 0.1 | -55.3% |
| Total | 102 | 132 | 878 | 433 | 61.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Greece in 2022:
- Bulgaria (110.7 tons)
- Albania (76.8 tons)
- Serbia (21.4 tons)
- Romania (3.8 tons)
- Cyprus (0.4 tons)
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