Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in New Zealand - 2024

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,025 per ton in 2022, with an increase of 36% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +106.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 52%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($2,026 per ton), while the price for Singapore ($2,025 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.0%), 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 New Zealand (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,036 per ton in 2022, rising by 13% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 87% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($2,036 per ton), while the average price for exports to New Caledonia amounted to $2,036 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+5.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 207 tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into New Zealand; with a decrease of -29.6% against the year before. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 294 tons, and then contracted notably in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank slightly to $419K in 2022. Overall, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 109%. As a result, imports reached the peak of $437K, and then declined in the following year.

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

1. China (182.1 tons)
2. Singapore (19.5 tons)
3. Malaysia (3.2 tons)

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

After three years of growth, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -51.4% to 4.2 tons in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 258%.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank remarkably to $8.6K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 272%. As a result, the exports attained the peak of $16K, and then dropped dramatically in the following year.

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

1. New Caledonia (3.7 tons)
2. Fiji (0.5 tons)

Source: IndexBox Market Intelligence Platform