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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $4,093 per ton, picking up by 22% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +99.9% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 Belgium ($28,000 per ton), while the price for Hungary ($1,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,916 per ton, picking up by 51% against the previous year. Overall, the export price enjoyed a temperate increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 178%. The export price peaked at $18,000 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Slovenia ($3,918 per ton), while the average price for exports to Bosnia and Herzegovina totaled $2,667 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 19 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Croatia; declining by -61.5% against the previous year. In general, imports saw a dramatic contraction. The smallest decline of -2.9% was in 2020.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses declined markedly to $80K in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $169K, and then reduced rapidly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia32.725.632.141.98.6%
Germany20.025.732.413.3-12.7%
Spain6.48.19.512.725.7%
Austria2.2N/A39.97.651.2%
Hungary56.454.037.00.1-87.9%
Greece3.14.2N/AN/A35.5%
Others4.712.317.94.1-4.5%
Total12513016979.6-14.0%

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

  1. Slovenia (13.3 tons)
  2. Austria (2.6 tons)
  3. Germany (1.6 tons)
  4. Spain (1.3 tons)

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

In 2021, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Croatia rose notably to 4.5 tons, growing by 8.4% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 159%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $18K in 2021. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Croatia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
SloveniaN/AN/A17.60%
Bosnia and Herzegovina4.38.8N/A104.7%
SerbiaN/A2.0N/A0%
OthersN/AN/AN/A0%
Total4.310.717.6102.3%

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

  1. Slovenia (4.5 tons)

Source: IndexBox Market Intelligence Platform

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