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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,128 per ton, increasing by 59% against the previous year. Over the period under review, the import price saw a noticeable expansion. As a result, import price reached the peak level 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 ($2,736 per ton), while the price for Russia totaled $1,052 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+24.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,389 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. As a result, the export price attained the peak level of $1,902 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($1,937 per ton), while the average price for exports to Israel amounted to $1,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+0.6%).

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

In 2022, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Panama skyrocketed to 32 tons, jumping by 48% against the year before. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $67K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A55.20%
Russia2.5N/A3.112.068.7%
China2.5N/A2.8N/A5.8%
United States6.7N/A0.5N/A-72.7%
Costa Rica1.0N/A1.1N/A4.9%
Netherlands14.2N/A20.9N/A21.3%
Others0.1N/AN/AN/A0%
Total27.0N/A28.567.235.5%

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

  1. Mexico (20.2 tons)
  2. Russia (11.4 tons)

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

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -50% to 2.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a sharp reduction.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell markedly to $3.5K in 2022. Overall, exports showed a significant decrease.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel22.5N/A6.13.1-48.4%
Costa Rica1.5N/A0.20.1-59.5%
Others1.9N/A0.60.3-46.0%
Total26.0N/A6.93.5-48.7%

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

  1. Israel (2414.0 kg)
  2. Costa Rica (63.0 kg)

Source: IndexBox Market Intelligence Platform

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