Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK (FOB) - 2024
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,188 per ton, picking up by 49% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $3,338 per ton in 2012; however, from 2013 to 2022, 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 China ($6,935 per ton), while the price for Sweden ($1,885 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK (FOB) - 2024
In August 2023, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,387 per ton, which is down by -11.2% against the previous month. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in June 2023 when the average export price increased by 21% m-o-m. As a result, the export price attained the peak level of $4,620 per ton. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the United States ($6,515 per ton), while the average price for exports to the Netherlands ($2,669 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+44.3%), 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 the UK
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -5.4% to 6.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 5.1%. As a result, imports attained the peak of 9.1K 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 skyrocketed to $21M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 0.9 | 0.8 | 6.3 | 175.9% |
| Belgium | 2.4 | 2.6 | 2.7 | 4.1 | 19.5% |
| Sweden | 4.4 | 3.7 | 2.2 | 4.0 | -3.1% |
| China | 1.9 | 2.0 | 2.0 | 2.6 | 11.0% |
| Netherlands | 6.6 | 7.0 | 5.0 | 1.2 | -43.3% |
| Germany | 1.1 | 1.1 | 1.0 | 0.9 | -6.5% |
| Others | 2.1 | 1.5 | 1.1 | 1.8 | -5.0% |
| Total | 18.8 | 18.8 | 14.8 | 20.8 | 3.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to the UK in 2022:
- Sweden (2106.6 tons)
- Belgium (1687.1 tons)
- United States (1573.4 tons)
- Netherlands (397.9 tons)
- China (371.5 tons)
- Germany (200.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses exported from the UK expanded significantly to 3.9K tons, picking up by 11% against 2021. Over the period under review, exports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 5.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced to $15M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.7 | 7.8 | 4.5 | 6.2 | -2.6% |
| United States | 0.6 | 0.7 | 0.7 | 1.7 | 41.5% |
| Germany | 1.4 | 1.2 | 2.0 | 1.2 | -5.0% |
| Czech Republic | 0.3 | 0.5 | N/A | 0.6 | 26.0% |
| Belgium | 0.1 | 0.6 | 0.7 | 0.6 | 81.7% |
| Brazil | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Mexico | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| Switzerland | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
| Ireland | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Spain | 0.1 | 0.3 | 2.4 | 0.2 | 26.0% |
| Thailand | N/A | 0.6 | 0.8 | 0.1 | -59.2% |
| Others | 2.9 | 2.7 | 3.4 | 3.2 | 3.3% |
| Total | 13.7 | 15.6 | 15.7 | 15.0 | 3.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from the UK in 2022:
- Netherlands (2026.7 tons)
- United States (344.6 tons)
- Germany (282.1 tons)
- Belgium (234.0 tons)
- Czech Republic (208.4 tons)
- Brazil (118.7 tons)
- Mexico (63.8 tons)
- Switzerland (46.4 tons)
- Ireland (43.8 tons)
- Spain (39.3 tons)
- Thailand (13.3 tons)
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