Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,931 per ton in 2022, surging by 21% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +84.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,563 per ton), while the price for Turkey ($1,803 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.3%), 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 Serbia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,579 per ton, picking up by 14% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +93.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 71% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,448 per ton), while the average price for exports to Bosnia and Herzegovina stood at $2,240 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia
After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -33.4% to 953 tons in 2022. Over the period under review, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of 1.4K tons, and then contracted remarkably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted sharply to $1.8M in 2022. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 112%. As a result, imports reached the peak of $2.3M, and then dropped rapidly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 563 | 422 | 1,003 | 1,044 | 22.9% |
| China | 10.3 | 27.1 | 534 | 428 | 246.4% |
| Russia | 486 | 500 | 404 | 178 | -28.5% |
| Turkey | N/A | N/A | 158 | 86.5 | -45.3% |
| Greece | N/A | N/A | 114 | 48.0 | -57.9% |
| Slovenia | 41.9 | 27.1 | N/A | 10.6 | -36.8% |
| Belgium | 31.4 | 61.1 | 30.3 | 3.1 | -53.8% |
| Others | 53.6 | 40.9 | 47.9 | 42.5 | -7.4% |
| Total | 1,186 | 1,078 | 2,290 | 1,840 | 15.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Serbia in 2022:
- Germany (543.6 tons)
- China (226.5 tons)
- Russia (87.4 tons)
- Turkey (48.0 tons)
- Greece (23.2 tons)
- Slovenia (4.4 tons)
- Belgium (0.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, when their volume decreased by -71.2% to 13 tons. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 116%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank markedly to $34K in 2022. Over the period under review, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports attained the peak of $104K, and then fell markedly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 16.9 | 18.2 | 35.4 | 21.3 | 8.0% |
| Italy | N/A | N/A | 6.7 | 12.4 | 85.1% |
| Croatia | N/A | N/A | 61.4 | N/A | 0% |
| North Macedonia | 2.8 | 19.0 | N/A | N/A | 578.6% |
| Others | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Total | 19.7 | 37.4 | 104 | 33.9 | 19.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Serbia in 2022:
- Bosnia and Herzegovina (9.5 tons)
- Italy (3.6 tons)
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