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

Contents:

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

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Estonia (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,829 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by +87.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 61%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($2,219 per ton), while the price for the Czech Republic ($1,569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $3,289 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, saw a precipitous shrinkage. The pace of growth was the most pronounced in 2018 an increase of 4.3%. The export price peaked at $44,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,412 per ton), while the average price for exports to the Netherlands amounted to $2,029 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+21.9%), 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 Estonia

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Estonia dropped markedly to 161 tons, waning by -66.6% against the previous year. In general, imports faced a deep setback. The growth pace was the most rapid in 2021 when imports increased by 110% against the previous year. As a result, imports attained the peak of 482 tons, and then declined significantly in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped remarkably to $294K in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 239%. As a result, imports attained the peak of $760K, and then fell significantly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25181.0384160-13.9%
Latvia93.674.517195.10.5%
Czech RepublicN/A40.384.537.8-3.2%
ChinaN/AN/A43.2N/A0%
FinlandN/A20.6N/AN/A0%
PolandN/AN/A55.1N/A0%
Others0.48.122.81.762.0%
Total345224760294-5.2%

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

  1. Russia (93.0 tons)
  2. Latvia (42.8 tons)
  3. Czech Republic (24.1 tons)

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

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -50% to 21 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant increase.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell remarkably to $69K in 2022. Overall, exports, however, recorded significant growth.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A66.165.4-1.1%
Netherlands0.3N/A0.43.8133.1%
LatviaN/AN/A60.5N/A0%
LithuaniaN/AN/A11.4N/A0%
OthersN/AN/AN/AN/A0%
Total0.3N/A13869.2513.3%

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

  1. Belgium (19.2 tons)
  2. Netherlands (1.9 tons)

Source: IndexBox Market Intelligence Platform

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