Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,410 per ton in 2022, declining by -13.6% against the previous year. Over the period under review, the import price saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 65% against the previous year. The import price peaked at $1,859 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,057 per ton), while the price for South Africa ($1,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana
In 2022, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Ghana fell to 184 tons, with a decrease of -8.4% compared with the previous year. In general, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.7%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell rapidly to $259K in 2022. Overall, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. As a result, imports reached the peak of $328K, and then reduced notably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 66.9 | 70.6 | 86.2 | 93.3 | 11.7% |
| China | 19.5 | 12.8 | 52.2 | 50.8 | 37.6% |
| South Africa | 33.5 | 34.4 | 41.0 | 43.3 | 8.9% |
| Russia | 70.2 | 18.0 | 39.4 | 37.8 | -18.6% |
| Belgium | 14.1 | 10.5 | 8.6 | 10.0 | -10.8% |
| Taiwan (Chinese) | 8.7 | 7.5 | 7.5 | 6.6 | -8.8% |
| Netherlands | 3.8 | 5.3 | 5.5 | 5.1 | 10.3% |
| Vietnam | 4.6 | 12.5 | 35.8 | 5.1 | 3.5% |
| United Arab Emirates | 2.9 | 17.8 | 34.2 | 1.1 | -27.6% |
| Others | 5.3 | 1.3 | 17.3 | 6.1 | 4.8% |
| Total | 230 | 191 | 328 | 259 | 4.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Ghana in 2022:
- Singapore (56.0 tons)
- South Africa (42.3 tons)
- Russia (36.4 tons)
- China (27.5 tons)
- Taiwan (Chinese) (5.6 tons)
- Belgium (4.8 tons)
- Netherlands (4.6 tons)
- Vietnam (2.8 tons)
- United Arab Emirates (0.4 tons)
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