Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bahrain - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bahrain (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bahrain
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bahrain (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,502 per ton in 2022, rising by 23% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.8% 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; butyric, valeric acids; their salts and esterses increased by +112.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73% against the previous year. 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 the United States ($4,467 per ton), while the price for Germany ($1,324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), 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 Bahrain
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Bahrain surged to 70 tons, picking up by 82% on the year before. Overall, imports showed noticeable growth.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $244K in 2022. In general, imports saw a significant expansion. As a result, imports attained 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 Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 44.5 | 48.5 | 35.2 | 86.1 | 24.6% |
United States | 44.0 | 44.0 | 31.1 | 77.6 | 20.8% |
China | 15.7 | 38.2 | 25.1 | 62.2 | 58.2% |
Germany | 15.1 | 14.7 | 8.1 | 17.5 | 5.0% |
Others | 0.1 | 0.1 | 9.5 | 0.4 | 58.7% |
Total | 119 | 146 | 109 | 244 | 27.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Bahrain in 2022:
- United Arab Emirates (21.2 tons)
- China (17.8 tons)
- United States (17.4 tons)
- Germany (13.2 tons)
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