Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $517 per ton in August 2023, waning by -17.6% against the previous month. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in January 2023 an increase of 19% against the previous month. The import price peaked at $996 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From November 2022 to August 2023, the rate of growth in terms of prices for China amounted to +2.0% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $3,106 per ton in 2022, jumping by 28% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by +75.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,206 per ton), while the average price for exports to Germany ($1,688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden
In 2022, after three years of growth, there was significant decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume decreased by -63% to 5.3K tons. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, imports attained the peak of 14K tons, and then dropped rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped significantly to $8.4M in 2022. In general, imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 163% against the previous year. As a result, imports attained the peak of $19M, and then dropped remarkably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.8 | 5.2 | 12.3 | 6.9 | 6.0% |
| Poland | 0.3 | 0.4 | 1.2 | 0.5 | 18.6% |
| Belgium | 0.4 | 0.5 | 1.1 | 0.4 | 0.0% |
| Czech Republic | N/A | N/A | 1.3 | 0.2 | -84.6% |
| Finland | N/A | 0.4 | 1.0 | 0.1 | -50.0% |
| Russia | 1.4 | 0.5 | 1.2 | N/A | -7.4% |
| Others | N/A | 0.1 | 0.9 | 0.2 | 41.4% |
| Total | 7.9 | 7.3 | 19.1 | 8.4 | 2.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Sweden in 2022:
- Germany (4574.5 tons)
- Poland (250.3 tons)
- Belgium (193.2 tons)
- Czech Republic (91.6 tons)
- Finland (79.9 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden
Exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Sweden declined dramatically to 387 tons in 2022, with a decrease of -62.6% on the previous year's figure. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 1K tons, and then reduced remarkably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates declined notably to $1.2M in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. As a result, the exports reached the peak of $2.5M, and then contracted notably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 683 | 660 | 1,521 | 1,070 | 16.1% |
| Denmark | 52.2 | 23.1 | 101 | 76.9 | 13.8% |
| Finland | 5.8 | 13.4 | 54.3 | 38.8 | 88.4% |
| Germany | N/A | N/A | N/A | 16.8 | 0% |
| Portugal | 844 | 815 | 814 | N/A | -1.8% |
| Others | 7.5 | 6.7 | 15.4 | 0.2 | -70.1% |
| Total | 1,592 | 1,518 | 2,505 | 1,202 | -8.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Sweden in 2022:
- Norway (333.7 tons)
- Denmark (30.0 tons)
- Finland (13.5 tons)
- Germany (10.0 tons)
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