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

Contents:

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

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

In August 2023, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,419 per ton, dropping by -6.7% against the previous month. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the peak figure at $2,097 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,206 per ton), while the price for Hungary ($1,245 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+94.9%), 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 Romania (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,816 per ton, falling by -39.1% against the previous year. Over the period under review, the export price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2021 an increase of 106%. As a result, the export price attained the peak level of $2,983 per ton, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,697 per ton), while the average price for exports to Bulgaria ($961 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 Moldova (+4.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Romania declined to 1,000 tons, waning by -13.2% on the year before. In general, imports showed a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of 1.2K tons, and then shrank in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted to $1.9M in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. As a result, imports attained the peak of $2.1M, and then shrank in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14540.295599490.0%
Russia10143.739422530.6%
Poland647527159179-34.8%
Germany175143131158-3.3%
Hungary23.854.712515687.1%
Bulgaria143110174118-6.2%
Others54.747.418268.67.8%
Total1,2889662,1211,89913.8%

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

  1. China (537.2 tons)
  2. Hungary (129.8 tons)
  3. Russia (115.0 tons)
  4. Poland (80.6 tons)
  5. Bulgaria (56.7 tons)
  6. Germany (50.3 tons)

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

For the fourth year in a row, Romania recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, which increased by 45% to 340 tons in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 569% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced to $618K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,275%. As a result, the exports attained the peak of $701K, and then shrank in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A509363-28.7%
Bulgaria7.339.3111115150.7%
Moldova10.411.60.780.597.8%
GermanyN/AN/A80.959.5-26.5%
Others0.1N/AN/AN/A0%
Total17.951.0701618225.6%

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

  1. Netherlands (166.2 tons)
  2. Bulgaria (119.1 tons)
  3. Moldova (38.7 tons)
  4. Germany (16.1 tons)

Source: IndexBox Market Intelligence Platform

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