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

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Peru (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Peru

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,091 per ton, jumping by 18% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 83%. The import price peaked in 2022 and is likely to see steady 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 the United States ($2,111 per ton), while the price for China totaled $1,715 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -6% to 9.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 10K tons, and then dropped in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates rose notably to $21M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.58.117.319.537.5%
China0.40.30.80.931.0%
Taiwan (Chinese)0.30.20.2N/A-18.4%
OthersN/AN/A0.30.1-66.7%
Total8.28.618.520.535.7%

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

  1. United States (9.2K tons)
  2. China (0.5K tons)

Source: IndexBox Market Intelligence Platform

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