Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,537 per ton in 2022, dropping by -19.1% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by +20.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The export price peaked at $2,101 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Azerbaijan ($1,710 per ton), while the average price for exports to Armenia ($415 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 the United Arab Emirates (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,883 per ton, reducing by -8.8% against the previous year. Over the period under review, the import price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 60%. Over the period under review, average import prices attained the maximum at $2,279 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 the United Arab Emirates ($2,373 per ton), while the price for Russia ($655 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran
In 2022, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Iran expanded notably to 81 tons, picking up by 13% compared with the previous year. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 958%. As a result, the exports attained the peak of 89 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; n-butyl acetates fell to $125K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 628% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 9.6 | 87.5 | 102 | 94.3 | 114.2% |
| Iraq | 1.7 | 11.0 | 17.0 | 14.4 | 103.8% |
| Afghanistan | 2.0 | 5.9 | 6.3 | 5.6 | 40.9% |
| Georgia | 0.9 | 3.6 | 4.5 | 4.4 | 69.7% |
| Uzbekistan | 0.9 | 3.4 | 3.9 | 3.5 | 57.3% |
| Armenia | 0.6 | 2.3 | 2.6 | 2.4 | 58.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.6 | 114 | 136 | 125 | 100.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Iran in 2022:
- Azerbaijan (55.1 tons)
- Iraq (11.0 tons)
- Armenia (5.9 tons)
- Afghanistan (3.5 tons)
- Georgia (3.0 tons)
- Uzbekistan (2.7 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Iran fell significantly to 52 tons, reducing by -34.7% against the previous year. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 226%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted notably to $98K in 2022. Overall, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 421%. As a result, imports reached the peak of $165K, and then fell notably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 48.0 | 5.9 | 80.3 | 47.7 | -0.2% |
| China | 14.5 | 9.3 | 29.9 | 21.2 | 13.5% |
| Malaysia | 25.1 | 4.4 | 24.5 | 14.6 | -16.5% |
| India | 11.3 | 5.3 | 12.4 | 6.4 | -17.3% |
| Singapore | 5.4 | 2.8 | 7.2 | 4.1 | -8.8% |
| Taiwan (Chinese) | 5.2 | 2.3 | 5.3 | 2.6 | -20.6% |
| Russia | 2.9 | 1.3 | 2.7 | 1.3 | -23.5% |
| Others | 0.8 | 0.3 | 2.8 | 0.5 | -14.5% |
| Total | 113 | 31.7 | 165 | 98.4 | -4.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Iran in 2022:
- United Arab Emirates (20.1 tons)
- China (14.0 tons)
- Malaysia (8.1 tons)
- India (4.0 tons)
- Taiwan (Chinese) (2.2 tons)
- Russia (1.9 tons)
- Singapore (1.8 tons)
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