Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,361 per ton, dropping by -23.2% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +47.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 92% against the previous year. As a result, import price reached the peak level of $1,772 per ton, and then dropped rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,931 per ton), while the price for China ($1,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.0%).
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,240 per ton in 2022, which is down by -32.4% against the previous year. Overall, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 159% against the previous year. As a result, the export price attained the peak level of $3,249 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +185.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR
In 2022, after two years of decline, there was growth in overseas purchases of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume increased by 4.8% to 77 tons. In general, imports, however, showed a relatively flat trend pattern.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell rapidly to $104K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $130K, and then dropped significantly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.0 | 65.5 | 127 | 88.2 | 6.5% |
| Taiwan (Chinese) | 1.5 | N/A | 2.7 | 12.2 | 101.1% |
| Vietnam | N/A | N/A | N/A | 3.9 | 0% |
| Malaysia | 5.6 | 3.4 | N/A | N/A | -39.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 80.1 | 68.9 | 130 | 104 | 9.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Hong Kong SAR in 2022:
- China (67.9 tons)
- Taiwan (Chinese) (6.3 tons)
- Vietnam (2.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR
After three years of growth, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -96.9% to 7.2 tons in 2022. Over the period under review, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 509%. As a result, the exports reached the peak of 229 tons, and then fell markedly in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted rapidly to $8.9K in 2022. In general, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 351%. As a result, the exports attained the peak of $421K, and then shrank dramatically in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 8.9 | 0% |
| Fiji | N/A | 68.3 | N/A | N/A | 0% |
| Kenya | N/A | N/A | 42.1 | N/A | 0% |
| Thailand | N/A | N/A | 376 | N/A | 0% |
| Vietnam | 5.8 | N/A | N/A | N/A | 0% |
| Rwanda | N/A | 24.9 | N/A | N/A | 0% |
| Others | 20.1 | N/A | 2.1 | N/A | -67.7% |
| Total | 25.9 | 93.2 | 421 | 8.9 | -30.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Hong Kong SAR in 2022:
- China (7.2 tons)
106
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Hong Kong SAR, China.
310
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Hong Kong SAR, China.
32
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Hong Kong SAR, China.
257
This report provides an in-depth analysis of the market for salts of acetic acid in Hong Kong SAR, China.
303
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Hong Kong SAR, China.
287
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Hong Kong SAR, China.
263
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Hong Kong SAR, China.
309
This report provides an in-depth analysis of the ethyl acetate market in Hong Kong SAR, China.
370
This report provides an in-depth analysis of the acetic anhydride market in Hong Kong SAR, China.
356
This report provides an in-depth analysis of the acetic acid market in Hong Kong SAR, China.
236
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
900
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1379
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
952
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
834
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
929
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
960
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
970
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
1056
In value terms, acetals and hemiacetals exports totaled $X in 2016. In general, acetals and hemiacetals exports continue to indicate a relatively flat trend pattern. In that year, global acetals and...
236
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
