Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,968 per ton in 2022, jumping by 25% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates increased by +80.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 44%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($2,972 per ton), while the price for the United States ($1,725 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 (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; vinyl acetates imported into Switzerland fell to 6.9K tons, dropping by -13.5% on the year before. Over the period under review, imports recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of 8K tons, and then fell in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates expanded notably to $14M in 2022. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 2.4 | 8.8 | 6.4 | -2.0% |
| United States | 1.0 | 0.5 | 0.4 | 3.3 | 48.9% |
| Netherlands | N/A | 0.3 | 1.7 | 1.8 | 144.9% |
| Singapore | 0.4 | 0.4 | 0.9 | 1.4 | 51.8% |
| Saudi Arabia | 0.3 | 3.2 | 0.3 | 0.2 | -12.6% |
| Others | 0.2 | 0.1 | 0.5 | 0.5 | 35.7% |
| Total | 8.8 | 7.0 | 12.6 | 13.6 | 15.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Switzerland in 2022:
- Germany (3.2K tons)
- United States (1.9K tons)
- Netherlands (0.9K tons)
- Singapore (0.6K tons)
- Saudi Arabia (0.1K tons)
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