Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,107 per ton in 2022, waning by -9.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 58%. As a result, import price attained the peak level of $3,432 per ton, and then dropped in the following year.
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 ($4,918 per ton), while the price for China ($2,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.5%), 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 Tanzania (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,984 per ton, rising by 139% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 397% against the previous year. As a result, the export price reached the peak level of $10,996 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Zambia.
From 2017 to 2022, the rate of growth in terms of prices for Malawi amounted to -6.8% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania
For the fourth year in a row, Tanzania recorded growth in supplies from abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, which increased by 19% to 125 tons in 2022. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses rose notably to $390K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 85.9 | 55.7 | 187 | 227 | 38.3% |
United Arab Emirates | N/A | 0.2 | N/A | 60.7 | 1642.1% |
Belgium | 6.8 | 150 | 94.5 | 45.9 | 89.0% |
India | 9.9 | 9.6 | 34.6 | 30.8 | 46.0% |
Turkey | 16.2 | N/A | 8.2 | 19.3 | 6.0% |
United States | 76.5 | 1.4 | 32.7 | N/A | -34.6% |
Others | 0.9 | 11.7 | 5.4 | 5.3 | 80.6% |
Total | 196 | 228 | 362 | 390 | 25.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Tanzania in 2022:
- China (80.1 tons)
- United Arab Emirates (20.1 tons)
- Belgium (9.3 tons)
- India (7.7 tons)
- Turkey (6.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania
Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Tanzania soared to 3 tons in 2022, picking up by 621% compared with the previous year. In general, exports showed a significant increase.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $12K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | N/A | N/A | N/A | 12.1 | 0% |
Malawi | 2.3 | 7.1 | 0.7 | N/A | -44.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.3 | 7.1 | 0.7 | 12.1 | 73.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Tanzania in 2022:
- Zambia (3.0 tons)
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