Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark - 2023

Contents:

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

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,637 per ton, jumping by 41% against the previous year. Over the period under review, the import price posted a strong expansion. The growth pace was the most rapid in 2021 when the average import price increased by 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($2,871 per ton) and Poland ($2,287 per ton), while the price for Belgium ($2,050 per ton) and the Netherlands ($2,096 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,560 per ton, surging by 37% against the previous year. In general, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. The export price peaked at $9,912 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -0.9% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Denmark shrank notably to 375 tons, with a decrease of -44% against 2021. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 669 tons, and then shrank sharply in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped sharply to $988K in 2022. Over the period under review, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. As a result, imports reached the peak of $1.3M, and then dropped dramatically in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32025457665326.8%
Poland69.123.816816934.7%
Belgium96.484.51861021.9%
Netherlands17774.224843.7-37.3%
Others4.54.876.520.866.6%
Total6664411,25498814.0%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Denmark in 2022:

  1. Germany (227.4 tons)
  2. Poland (73.9 tons)
  3. Belgium (49.5 tons)
  4. Netherlands (20.8 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark

In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -89.5% to 23 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 787% against the previous year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank rapidly to $58K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 551% against the previous year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.895.540057.6103.8%
Others8.53.82.8N/A-42.6%
Total15.299.240357.655.9%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Denmark in 2022:

  1. Sweden (22.5 tons)

Source: IndexBox Market Intelligence Platform

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