Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina (CIF) - 2023
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina (CIF) - 2023

In June 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,190 per ton, rising by 2.5% against the previous month. In general, the import price, however, showed a perceptible downturn. The pace of growth was the most pronounced in February 2023 an increase of 943% month-to-month. As a result, import price reached the peak level of $61,184 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($38,137 per ton), while the price for China ($2,111 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $20,399 per ton, with an increase of 97% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 235%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +20.2% per year.

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

In 2022, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Argentina skyrocketed to 1.6K tons, growing by 16% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $5.7M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. 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 Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3411,5411,7102,63325.2%
China1,0021,0725581,44913.1%
Belgium31570077247814.9%
Mexico13719028429429.0%
Others9601,081888888-2.6%
Total3,7554,5834,2115,74215.2%

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

  1. United States (910.2 tons)
  2. China (416.8 tons)
  3. Belgium (162.7 tons)
  4. Mexico (39.3 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina

In 2022, approx. 1.4 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were exported from Argentina; with an increase of 405% on 2021. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 7,039%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $29K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,269% against the previous year. As a result, the exports attained the peak of $68K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/A68.1N/A29.4-34.3%
Others2.9N/A2.9N/A0.0%
Total2.968.12.929.4116.4%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Argentina in 2022:

  1. Brazil (1.4 tons)

Source: IndexBox Market Intelligence Platform

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