Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France (CIF) - 2023
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France (CIF) - 2023

In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,372 per ton, reducing by -10.9% against the previous month. Over the period under review, the import price showed a noticeable curtailment. The growth pace was the most rapid in April 2023 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices reached the peak figure at $2,370 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Germany ($1,459 per ton) and the Netherlands ($1,338 per ton), while the price for Spain ($1,327 per ton) and Belgium ($1,337 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (-4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $23,295 per ton, surging by 1,102% against the previous year. In general, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Portugal ($30,091 per ton) and the Netherlands ($23,305 per ton), while the average price for exports to Germany ($23,077 per ton) and Spain ($23,133 per ton) were amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2,230.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -28.1% to 43K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 45%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank slightly to $102M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 117% against the previous year. As a result, imports attained the peak of $104M, and then dropped slightly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.931.259.760.0130.5%
Germany9.014.135.534.756.8%
Netherlands1.92.06.95.441.6%
Spain13.00.21.21.5-51.3%
Others8.80.50.50.3-67.6%
Total37.647.910410239.5%

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

  1. Belgium (25.8K tons)
  2. Germany (14.2K tons)
  3. Netherlands (2.2K tons)
  4. Spain (0.6K tons)

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; vinyl acetates exported from France reduced to 2.5 tons, waning by -9.7% on the year before. Over the period under review, exports saw a deep reduction.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates skyrocketed to $57K in 2022. In general, exports, however, posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in France (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Belgium0.131.731600.0%
NetherlandsN/A22.60%
Germany2.11.2-42.9%
Spain0.40.775.0%
Portugal1.80.3-83.3%
United Kingdom0.7N/A0%
Others0.10.7600.0%
Total5.357.2979.2%

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

  1. Belgium (1362.0 kg)
  2. Netherlands (968.0 kg)
  3. Germany (52.0 kg)
  4. Spain (30.0 kg)
  5. Portugal (11.0 kg)

Source: IndexBox Market Intelligence Platform

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