Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (CIF) - 2023
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (CIF) - 2023

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,355 per ton in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price continues to indicate a noticeable downturn. As a result, import price reached the peak level of $1,789 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to -2.1% per month.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,976 per ton, picking up by 3.9% against the previous year. Over the period under review, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($4,933 per ton), while the average price for exports to Hungary ($2,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Austria contracted remarkably to 4.6K tons, falling by -44.7% on the year before. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 8.4K tons, and then contracted notably in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted markedly to $9.4M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, imports attained the peak of $13M, and then contracted significantly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.02.46.44.211.9%
Belgium0.71.33.53.977.3%
Poland1.11.02.20.7-14.0%
NetherlandsN/AN/A0.20.20.0%
SloveniaN/AN/A0.30.2-33.3%
Others1.30.20.70.2-46.4%
Total6.25.013.29.414.9%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Austria in 2022:

  1. Germany (2114.5 tons)
  2. Belgium (1888.0 tons)
  3. Poland (342.2 tons)
  4. Netherlands (117.3 tons)
  5. Slovenia (107.4 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria

In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -7.4% to 187 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports reached the peak of 202 tons, and then contracted in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank slightly to $557K in 2022. Overall, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 75%. As a result, the exports attained the peak of $579K, and then declined modestly in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30429344041611.0%
Slovenia17.810.456.478.864.2%
HungaryN/A8.656.250.2141.6%
Others2.518.625.611.666.8%
Total32433057955719.8%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Austria in 2022:

  1. Germany (131.3 tons)
  2. Slovenia (30.3 tons)
  3. Hungary (22.0 tons)

Source: IndexBox Market Intelligence Platform

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