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

Contents:

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

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

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,963 per ton, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 91% against the previous year. Over the period under review, average import prices attained the maximum at $2,037 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,963 per ton), while the price for China totaled $1,963 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

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

After two years of decline, supplies from abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by 13% to 316 tons in 2022. In general, imports, however, saw a noticeable downturn.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates rose rapidly to $621K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates38930754557313.8%
China16.015.28.046.542.7%
Others4.64.13.91.0-39.9%
Total40932655662114.9%

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

  1. United Arab Emirates (292.0 tons)
  2. China (23.7 tons)

Source: IndexBox Market Intelligence Platform

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