Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,737 per ton, with an increase of 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4,992 per ton), while the price for the United States ($1,686 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria

Imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Algeria soared to 329 tons in 2022, increasing by 64% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $900K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.43.514.3425920.4%
Belgium211351287205-1.0%
Netherlands4.819.088.895.8171.3%
Turkey22.738.672.251.731.6%
United Arab Emirates3.28.912.646.2143.5%
Tunisia39.335.911.824.1-15.0%
United States20.232.325.723.45.0%
Others17.316.012.528.618.2%
Total31950552590041.3%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Algeria in 2022:

  1. China (185.0 tons)
  2. Belgium (69.1 tons)
  3. Netherlands (28.2 tons)
  4. United States (13.9 tons)
  5. United Arab Emirates (11.1 tons)
  6. Turkey (10.4 tons)
  7. Tunisia (6.9 tons)

Source: IndexBox Market Intelligence Platform

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