Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,627 per ton in 2022, which is down by -7.9% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 92%. As a result, import price attained the peak level of $1,767 per ton, and then contracted in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,094 per ton), while the price for Russia totaled $1,600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.5%), 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 Latvia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,008 per ton in 2022, surging by 11% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +75.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,408 per ton), while the average price for exports to Poland amounted to $1,794 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+15.8%), 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 Latvia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Latvia soared to 474 tons, jumping by 110% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $771K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 329 | 366 | 262 | 718 | 29.7% |
| Belgium | N/A | N/A | N/A | 50.1 | 0% |
| Others | 56.3 | 13.5 | 137 | 2.6 | -64.1% |
| Total | 386 | 379 | 399 | 771 | 25.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Latvia in 2022:
- Russia (448.9 tons)
- Belgium (23.9 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia
In 2022, after two years of decline, there was significant growth in overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume increased by 109% to 129 tons. Over the period under review, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $260K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 79.6 | 151 | 89.7% |
| Lithuania | 4.3 | 4.2 | 28.2 | 109 | 193.8% |
| Estonia | 128 | 76.6 | 4.0 | N/A | -82.3% |
| Others | N/A | 3.6 | N/A | 0.1 | -83.3% |
| Total | 133 | 84.3 | 112 | 260 | 25.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Latvia in 2022:
- Poland (84.0 tons)
- Lithuania (45.2 tons)
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