Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark (CIF) - 2023
In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,626 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 85% against the previous month. As a result, import price reached the peak level of $4,840 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($14,216 per ton), while the price for the United States stood at $12,485 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+18.3%), 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 Denmark (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,451 per ton, with an increase of 3% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. The export price peaked at $7,932 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($17,250 per ton), while the average price for exports to Sweden ($3,297 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 Norway (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark
After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -37% to 334 tons in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 530 tons, and then declined notably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses declined dramatically to $1M in 2022. Over the period under review, imports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $1.4M, and then declined markedly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 651 | 711 | 674 | 487 | -9.2% |
| Netherlands | 231 | 279 | 219 | 260 | 4.0% |
| Sweden | 69.5 | 79.8 | 212 | 139 | 26.0% |
| Germany | 58.8 | 58.4 | 159 | 70.0 | 6.0% |
| Spain | 96.5 | 11.8 | 5.8 | 17.7 | -43.2% |
| Austria | N/A | N/A | N/A | 16.2 | 0% |
| Others | 35.1 | 30.9 | 140 | 26.5 | -8.9% |
| Total | 1,142 | 1,171 | 1,409 | 1,017 | -3.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Denmark in 2022:
- Belgium (174.5 tons)
- Netherlands (92.3 tons)
- Sweden (47.5 tons)
- Germany (6.3 tons)
- Austria (5.8 tons)
- Spain (4.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -19.9% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced notably to $62K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The smallest decline of -0.4% was in 2020.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 31.3 | 36.5 | 39.2 | 35.6 | 4.4% |
| Sweden | N/A | 22.7 | 35.5 | 26.4 | 7.8% |
| Norway | 19.3 | 0.5 | 0.6 | 0.1 | -82.7% |
| Poland | 32.0 | 3.7 | N/A | N/A | -88.4% |
| Others | 22.3 | 41.1 | N/A | N/A | 84.3% |
| Total | 105 | 104 | 75.4 | 62.2 | -16.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Denmark in 2022:
- Finland (10.0 tons)
- Sweden (8.0 tons)
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