Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iraq - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iraq (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iraq

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,409 per ton, with a decrease of -25.3% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the maximum at $3,587 per ton in 2012; however, from 2013 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 Turkey ($2,055 per ton), while the price for the United Arab Emirates ($1,172 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates was finally on the rise to reach 32 tons after two years of decline. In general, imports, however, faced a abrupt decline.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced to $45K in 2022. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 32%.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.913.020.318.0-9.0%
United Arab Emirates20.017.012.412.2-15.2%
Iran7.26.613.69.911.2%
Turkey2.22.34.94.829.7%
South Korea8.5N/AN/AN/A0%
OthersN/AN/A0.10.10.0%
Total61.838.851.345.1-10.0%

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

  1. China (12.0 tons)
  2. United Arab Emirates (10.4 tons)
  3. Iran (7.2 tons)
  4. Turkey (2.4 tons)

Source: IndexBox Market Intelligence Platform

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