Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden (FOB) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden (FOB) - 2023
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $1,683 per ton in September 2023, with an increase of 12% against the previous month. In general, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in February 2023 an increase of 24% m-o-m. The export price peaked at $2,078 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($2,705 per ton), while the average price for exports to India ($1,689 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.6%), while the prices for the other major destinations experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,279 per ton, with an increase of 35% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +55.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 67%. As a result, import price attained the peak level of $3,554 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 the UK ($25,198 per ton), while the price for Denmark ($2,389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden
After three years of growth, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -19.7% to 22K tons in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 28K tons, and then fell dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses rose to $44M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. The exports peaked in 2022 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 5.7 | 9.7 | 11.9 | 7.1% |
| Belgium | 3.2 | 3.5 | 6.2 | 8.1 | 36.3% |
| India | 4.6 | 5.7 | 8.4 | 7.8 | 19.2% |
| United Kingdom | 4.2 | 3.4 | 2.7 | 4.0 | -1.6% |
| Italy | 1.5 | 1.6 | 4.7 | 3.7 | 35.1% |
| Netherlands | 2.6 | 3.0 | 1.9 | 2.7 | 1.3% |
| Spain | 3.3 | 3.8 | 5.0 | 2.5 | -8.8% |
| Others | 2.4 | 2.5 | 3.4 | 3.0 | 7.7% |
| Total | 31.5 | 29.1 | 41.9 | 43.7 | 11.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Sweden in 2022:
- United States (5.1K tons)
- Belgium (4.2K tons)
- Italy (3.4K tons)
- India (3.0K tons)
- United Kingdom (2.1K tons)
- Netherlands (1.8K tons)
- Spain (1.3K tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -53.8% to 386 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 127%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted dramatically to $1.3M in 2022. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 97%. As a result, imports reached the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 649 | 844 | 909 | 573 | -4.1% |
| Belgium | 221 | 65.8 | 305 | 290 | 9.5% |
| Germany | 216 | 2,174 | 236 | 287 | 9.9% |
| Malaysia | N/A | N/A | N/A | 77.3 | 0% |
| Denmark | 4.8 | 20.5 | 134 | 32.6 | 89.4% |
| Spain | 52.5 | N/A | 199 | N/A | 94.7% |
| Italy | 13.8 | N/A | 16.4 | N/A | 9.0% |
| Others | 443 | 47.0 | 230 | 6.9 | -75.0% |
| Total | 1,600 | 3,151 | 2,029 | 1,267 | -7.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Sweden in 2022:
- Netherlands (192.4 tons)
- Belgium (111.7 tons)
- Germany (53.8 tons)
- Malaysia (14.4 tons)
- Denmark (13.6 tons)
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