Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,280 per ton in July 2023, declining by -26.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 37% against the previous month. As a result, import price reached the peak level of $1,737 per ton, and then declined sharply in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to July 2023, the rate of growth in terms of prices for China amounted to +0.8% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $3,102 per ton in 2022, growing by 11% against the previous year. Over the period under review, the export price saw a pronounced increase. The growth pace was the most rapid in 2020 when the average export price increased by 39%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($3,226 per ton), while the average price for exports to Malawi ($1,749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa
Imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into South Africa shrank sharply to 2.1K tons in 2022, dropping by -34.7% compared with the previous year's figure. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of 3.2K tons, and then contracted significantly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced rapidly to $2.7M in 2022. Over the period under review, imports, however, enjoyed moderate growth. The pace of growth was the most pronounced in 2021 with an increase of 315%. As a result, imports attained the peak of $5.2M, and then shrank sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,028 | 785 | 3,943 | 1,485 | 13.0% |
| Germany | 44.9 | 27.6 | 846 | 483 | 120.7% |
| Netherlands | 361 | 23.8 | 33.1 | 462 | 8.6% |
| Russia | N/A | N/A | N/A | 101 | 0% |
| Taiwan (Chinese) | N/A | N/A | 32.3 | 62.7 | 94.1% |
| United States | 964 | 420 | 61.9 | 5.8 | -81.8% |
| Others | 88.9 | N/A | 296 | 52.6 | -16.0% |
| Total | 2,487 | 1,256 | 5,213 | 2,652 | 2.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to South Africa in 2022:
- China (865.0 tons)
- Netherlands (623.8 tons)
- Germany (456.4 tons)
- Russia (50.4 tons)
- Taiwan (Chinese) (39.1 tons)
- United States (5.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa
In 2022, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from South Africa fell markedly to 73 tons, reducing by -44.6% against the previous year's figure. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, the exports attained the peak of 132 tons, and then dropped dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank sharply to $227K in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 126% against the previous year. As a result, the exports attained the peak of $370K, and then shrank remarkably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 153 | 149 | 343 | 210 | 11.1% |
| Zambia | 13.1 | 10.8 | 26.5 | 10.8 | -6.2% |
| Malawi | N/A | N/A | 0.1 | 4.2 | 4100.0% |
| Others | 4.9 | 3.5 | 0.8 | 2.5 | -20.1% |
| Total | 171 | 164 | 370 | 227 | 9.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from South Africa in 2022:
- Zimbabwe (65.0 tons)
- Zambia (4.3 tons)
- Malawi (2.4 tons)
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