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

Contents:

1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg (CIF) - 2023
2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg (FOB) - 2022
3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg
4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg (CIF) - 2023

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,200 per ton in August 2023, surging by 52% against the previous month. Over the last nine months, it increased at an average monthly rate of +2.3%. Over the period under review, average import prices reached the peak figure at $2,317 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($10,272 per ton), while the price for Germany stood at $1,226 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Luxembourg (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $22,560 per ton in 2022, with an increase of 430% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +2.2% per year.

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

In 2022, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Luxembourg shrank remarkably to 1K tons, falling by -21.4% on the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports attained the peak of 1.3K tons, and then fell markedly in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted markedly to $2.3M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, imports reached the peak of $3M, and then shrank rapidly in the following year.

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

1. Poland (543.1 tons)
2. Belgium (371.6 tons)
3. France (88.0 tons)
4. Germany (0.8 tons)

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

In 2022, after two years of decline, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume decreased by -75% to 25 kg. Over the period under review, exports faced a sharp shrinkage.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates skyrocketed to $564 in 2022. In general, exports faced a precipitous setback.

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

1. Germany (25.0 kg)

Source: IndexBox Market Intelligence Platform