Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $5,386 per ton in 2022, declining by -11.5% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 94% against the previous year. Over the period under review, average import prices attained the peak figure at $7,807 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,390 per ton), while the price for China ($2,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina
In 2022, after three years of growth, there was decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume decreased by -1.5% to 1.9K tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 24%. As a result, imports reached the peak of 2K tons, and then fell slightly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank to $10M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +36.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. As a result, imports reached the peak of $12M, and then shrank in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 6.3 | 10.6 | 9.5 | 8.2% |
| China | 0.2 | 0.7 | N/A | 0.8 | 58.7% |
| South Korea | N/A | 0.7 | 1.2 | 0.2 | -46.5% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 7.7 | 7.8 | 12.0 | 10.5 | 10.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Argentina in 2022:
- United States (1480.5 tons)
- China (377.0 tons)
- South Korea (88.3 tons)
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