Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,098 per ton, with an increase of 4.8% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +93.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 85%. The import price peaked in 2022 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 Mexico ($2,690 per ton), while the price for China ($1,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,572 per ton in 2022, surging by 22% against the previous year. Over the period under review, the export price enjoyed a moderate expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($2,580 per ton), while the average price for exports to El Salvador totaled $2,560 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume decreased by -40.3% to 937 tons. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank notably to $2M in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year. As a result, imports attained the peak of $3.1M, and then plummeted in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4935382,2591,35340.0%
China28943024744515.5%
RussiaN/A82.116265.7-10.5%
NetherlandsN/AN/AN/A51.50%
Mexico65.612136021.7-30.8%
BrazilN/AN/A111N/A0%
Others33.528.33.828.9-4.8%
Total8821,1993,1411,96630.6%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Guatemala in 2022:

  1. United States (589.8 tons)
  2. China (274.2 tons)
  3. Russia (28.2 tons)
  4. Netherlands (26.3 tons)
  5. Mexico (8.1 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala

After three years of growth, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -66% to 172 tons in 2022. Overall, exports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 157% against the previous year. As a result, the exports reached the peak of 506 tons, and then shrank markedly in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced markedly to $443K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 396%. As a result, the exports attained the peak of $1.1M, and then contracted rapidly in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica21.5N/A396264130.7%
El Salvador17189.53301791.5%
NicaraguaN/A41.659.6N/A43.3%
ColombiaN/AN/A47.3N/A0%
United StatesN/A60.396.1N/A59.4%
MexicoN/AN/A50.5N/A0%
HondurasN/A24.792.1N/A272.9%
OthersN/AN/AN/A0.10%
Total1932161,07244331.9%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Guatemala in 2022:

  1. Costa Rica (102.2 tons)
  2. El Salvador (70.0 tons)

Source: IndexBox Market Intelligence Platform

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