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

Contents:

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

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

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,021 per ton in 2022, falling by -17.5% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +41.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $2,448 per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($3,118 per ton), while the price for China ($1,522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,907 per ton, dropping by -20.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 25% against the previous year. The export price peaked at $2,386 per ton in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,966 per ton), while the average price for exports to Poland ($1,755 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 Russia (+9.6%), 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 Lithuania

After two years of decline, purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by 74% to 425 tons in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three years. 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 soared to $859K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +63.4% against 2020 indices. 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia66.236.140.329865.1%
Sweden239220348208-4.5%
ChinaN/AN/AN/A1400%
Poland17611188.8101-16.9%
ItalyN/A2.710.858.2364.3%
Latvia2.37.239.940.1159.3%
Germany74.514043.412.5-44.8%
Others0.19.626.70.8100.0%
Total55852659885915.5%

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

  1. Russia (175.9 tons)
  2. China (91.8 tons)
  3. Sweden (66.9 tons)
  4. Poland (51.8 tons)
  5. Italy (19.5 tons)
  6. Latvia (13.8 tons)
  7. Germany (5.3 tons)

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

In 2022, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Lithuania skyrocketed to 196 tons, jumping by 94% against the year before. Over the period under review, exports posted a significant increase. As a result, the exports reached 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 skyrocketed to $373K in 2022. In general, exports enjoyed a significant increase. 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A2010%
SlovakiaN/AN/A47.9138188.1%
Belarus16417416017.6-52.5%
EstoniaN/A15.1N/A7.5-29.5%
Latvia28.78.032.94.9-44.5%
Others5.44.70.13.6-12.6%
Total19820224137323.5%

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

  1. Poland (114.8 tons)
  2. Slovakia (70.2 tons)
  3. Belarus (5.5 tons)
  4. Latvia (2.7 tons)
  5. Estonia (2.3 tons)

Source: IndexBox Market Intelligence Platform

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