Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,133 per ton in September 2023, increasing by 19% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($6,558 per ton), while the price for China ($1,116 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+25.9%), 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 Thailand (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $6,567 per ton in 2022, picking up by 262% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($8,447 per ton), while the average price for exports to Bangladesh ($5,231 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 Myanmar (+2.1%), 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 Thailand
After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -38.5% to 15K tons in 2022. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports attained the peak of 24K tons, and then declined rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates declined significantly to $20M in 2022. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports reached the peak of $29M, and then declined rapidly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.7 | 7.4 | 14.3 | 9.4 | 18.1% |
| Singapore | 3.8 | 3.7 | 6.5 | 5.2 | 11.0% |
| China | 2.7 | 4.0 | 7.7 | 5.1 | 23.6% |
| Others | 0.1 | 0.1 | 0.5 | N/A | 123.6% |
| Total | 12.4 | 15.2 | 29.0 | 19.7 | 16.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Thailand in 2022:
- Malaysia (7.4K tons)
- Singapore (3.8K tons)
- China (3.7K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -97.1% to 589 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 4,440% against the previous year. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped notably to $3.9K in 2022. Over the period under review, exports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2020 with an increase of 831%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 3.1 | 0.8 | 4.2 | 2.5 | -6.9% |
| China | N/A | N/A | N/A | 1.2 | 0% |
| Bangladesh | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Indonesia | N/A | N/A | 7.6 | N/A | 0% |
| Myanmar | N/A | 30.3 | 23.6 | N/A | -22.1% |
| Others | N/A | N/A | 1.5 | N/A | 0% |
| Total | 3.3 | 31.2 | 36.8 | 3.9 | 5.7% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Thailand in 2022:
- Philippines (422.0 kg)
- China (141.0 kg)
- Bangladesh (26.0 kg)
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