Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Jordan - 2022

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,963 per ton, increasing by 35% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +99.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,963 per ton), while the price for the United Arab Emirates ($1,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.2%), 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 Jordan (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,160 per ton, almost unchanged from the previous year. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in 2017 an increase of 24%. Over the period under review, the average export prices hit record highs at $1,536 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2013 to 2022, the rate of growth in terms of prices for Free Zones amounted to -1.4% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume decreased by -29.5% to 1.2K tons. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted modestly to $2.4M in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $2.5M, and then contracted slightly in the following year.

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

1. China (1058.3 tons)
2. Taiwan (Chinese) (137.0 tons)

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates exported from Jordan was estimated at 11 tons, remaining relatively unchanged against the year before. Over the period under review, exports saw a precipitous setback. The smallest decline of -31.7% was in 2020.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates totaled $13K in 2022. In general, exports recorded a sharp slump. The smallest decline of -31.6% was in 2020.

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

1. Free Zones (10.9 tons)

Source: IndexBox Market Intelligence Platform