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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,789 per ton, falling by -29.4% against the previous year. In general, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2021 an increase of 156% against the previous year. As a result, import price attained the peak level of $5,369 per ton, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,116 per ton), while the price for the United States stood at $2,922 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.6%), 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 Uruguay (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,901 per ton in 2022, surging by 40% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 75% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +8.6% per year.

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

In 2022, approx. 85 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Uruguay; with an increase of 389% compared with 2021. Overall, imports showed a slight increase.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $324K in 2022. In general, imports recorded a prominent expansion. As a result, imports reached 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12814638.718012.0%
India11055.055.070.9-13.6%
China22.686.2N/A69.845.6%
Others0.31.00.12.9113.0%
Total26128893.73247.5%

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

  1. United States (61.7 tons)
  2. China (22.4 tons)
  3. India (1.0 tons)

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

For the third year in a row, Uruguay recorded decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, which decreased by -46.1% to 14 tons in 2022. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -11.7% was in 2020.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses fell sharply to $55K in 2022. Overall, exports continue to indicate a significant curtailment. The smallest decline of -21.7% was in 2020.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil18814860.655.4-33.5%
ArgentinaN/AN/A12.6N/A0%
Others1.7N/AN/AN/A0%
Total18914873.255.4-33.6%

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

  1. Brazil (14.2 tons)

Source: IndexBox Market Intelligence Platform

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