Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,205 per ton in 2022, surging by 60% against the previous year. Over the period under review, the import price posted a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($2,205 per ton), while the price for China ($2,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates increased by 9.9% to 127 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a significant decrease.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates soared to $279K in 2022. Overall, imports, however, saw a abrupt curtailment.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.5 | 5.8 | 9.8 | 130 | 206.8% |
| China | 30.0 | 32.7 | 30.3 | 109 | 53.7% |
| Netherlands | 12.6 | 31.2 | 14.4 | 40.5 | 47.6% |
| South Korea | 30.2 | 20.9 | 10.3 | N/A | -41.6% |
| Belgium | 9.0 | 14.8 | 10.4 | N/A | 7.5% |
| Singapore | 303 | 195 | 42.5 | N/A | -62.5% |
| Taiwan (Chinese) | 20.4 | 11.4 | 11.7 | N/A | -24.3% |
| Others | 1.6 | 1.4 | 29.5 | 0.2 | -50.0% |
| Total | 412 | 313 | 159 | 279 | -12.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to New Zealand in 2022:
- Australia (58.7 tons)
- China (49.3 tons)
- Netherlands (18.3 tons)
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