Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Belarus - 2022

Contents:

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

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Belarus (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,232 per ton, shrinking by -9.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32%. The import price peaked at $1,391 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Ukraine ($1,252 per ton), while the price for the Netherlands ($824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.6%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Belarus (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $766 per ton in 2022, increasing by 10% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. The export price peaked at $1,944 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -8.9% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Belarus

After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -16.8% to 921 tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 1.1K tons, and then declined remarkably in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined markedly to $1.1M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, imports reached the peak of $1.5M, and then contracted sharply in the following year.

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Belarus in 2022:

1. Russia (695.5 tons)
2. Ukraine (180.4 tons)
3. Netherlands (29.0 tons)
4. China (14.4 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Belarus

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -4.6% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 62% against the previous year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates expanded remarkably to $1.4K in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, the exports reached the peak of $1.5K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Belarus in 2022:

1. Russia (1.9 tons)

Source: IndexBox Market Intelligence Platform