Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland - 2024

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland (FOB) - 2024
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $7,818 per ton, growing by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2014 an increase of 25%. The import price peaked at $9,144 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 France ($15,740 per ton), while the price for the Netherlands ($3,299 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), 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 Switzerland (FOB) - 2024

The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $17,990 per ton in September 2023, declining by -12% against the previous month. Over the period under review, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 155% m-o-m. Over the period under review, the average export prices attained the maximum at $36,541 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the Netherlands ($263K per ton), while the average price for exports to Turkey ($5,683 per ton) was amongst the lowest.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+66.3%), 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 Switzerland

In 2022, approx. 1.9K tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Switzerland; increasing by 11% compared with the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +69.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $15M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.0% 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 +64.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 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 Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.51.81.83.431.4%
France0.52.03.42.366.3%
United States1.00.71.01.719.3%
Japan1.61.91.71.60.0%
Mexico0.80.91.11.214.5%
Germany1.31.41.31.1-5.4%
Netherlands0.10.10.20.9108.0%
Sweden0.4N/A0.30.2-20.6%
Others1.81.41.82.03.6%
Total8.910.112.614.617.9%

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

  1. China (396.7 tons)
  2. United States (289.8 tons)
  3. Netherlands (281.2 tons)
  4. Mexico (222.5 tons)
  5. Japan (210.1 tons)
  6. France (149.0 tons)
  7. Germany (125.4 tons)
  8. Sweden (57.2 tons)

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

After three years of growth, shipments abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -9.2% to 236 tons in 2022. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports reached the peak of 261 tons, and then dropped in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses dropped to $5.3M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $5.3M, leveling off in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1761,3301,4351,132-1.3%
China4454596375386.5%
United States4785534894941.1%
France29035443946016.6%
Brazil3852872513860.1%
Singapore2662853403155.8%
India19624428930215.5%
Mexico13715017629529.1%
Indonesia99.216624725937.7%
United Kingdom266251238242-3.1%
South Africa3.16.646.6128245.6%
Japan56.785.557.210824.0%
Italy59.769.393.388.313.9%
Others4494865715235.2%
Total4,3084,7275,3095,2706.9%

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

  1. Germany (90.9 tons)
  2. France (25.3 tons)
  3. South Africa (17.6 tons)
  4. China (17.4 tons)
  5. Brazil (11.7 tons)
  6. United Kingdom (10.1 tons)
  7. India (8.8 tons)
  8. Indonesia (8.3 tons)
  9. Italy (8.0 tons)
  10. Singapore (7.6 tons)
  11. United States (6.2 tons)
  12. Mexico (5.5 tons)
  13. Japan (5.3 tons)

Source: IndexBox Market Intelligence Platform

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