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

Contents:

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

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

In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,566 per ton, shrinking by -7.3% against the previous month. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 20% m-o-m. Over the period under review, average import prices attained the maximum at $6,832 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +23.1% per month.

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

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,711 per ton, picking up by 28% against the previous year. In general, the export price enjoyed a perceptible increase. The growth pace was the most rapid in 2016 an increase of 94%. As a result, the export price attained the peak level of $4,600 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,537 per ton), while the average price for exports to the Netherlands ($2,043 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 Sweden (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume decreased by -20.8% to 2K tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses rose rapidly to $7.1M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8821,1262,2702,79947.0%
Netherlands2351,9702,1722,015104.7%
China34638053986835.9%
France41275.1416352-5.1%
Germany46.323931424774.7%
Spain4.6345362202252.8%
Italy86.995.313613415.5%
United States9492.212.05.0-82.6%
Others13810390.445148.4%
Total3,0994,3366,3127,07431.7%

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

  1. Belgium (889.7 tons)
  2. Netherlands (670.4 tons)
  3. China (107.4 tons)
  4. Germany (92.3 tons)
  5. France (84.9 tons)
  6. Italy (56.3 tons)
  7. Spain (50.6 tons)
  8. United States (0.2 tons)

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

Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Poland shrank sharply to 106 tons in 2022, declining by -42.6% compared with the previous year. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 235% against the previous year. As a result, the exports attained the peak of 184 tons, and then fell sharply in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted dramatically to $392K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 431% against the previous year. As a result, the exports reached the peak of $533K, and then fell markedly in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18.78.327.713090.9%
Belarus2.2N/A71.481.2232.9%
Serbia58.620.610949.0-5.8%
Slovakia31.928.435.340.88.5%
Ukraine3.4N/A10223.791.0%
Hungary10.4N/A12.817.619.2%
GermanyN/AN/A99.315.8-84.1%
Czech Republic10.524.018.815.513.9%
Latvia12.12.332.6N/A64.1%
Others9.217.024.118.025.1%
Total15710053339235.7%

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

  1. Russia (28.7 tons)
  2. Belarus (21.5 tons)
  3. Serbia (15.2 tons)
  4. Slovakia (12.3 tons)
  5. Ukraine (8.7 tons)
  6. Hungary (4.8 tons)
  7. Czech Republic (4.7 tons)
  8. Germany (4.2 tons)

Source: IndexBox Market Intelligence Platform

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