Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Czech Republic - 2023

Contents:

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

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

In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,556 per ton, almost unchanged from the previous month. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $2,154 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($5,043 per ton), while the price for Germany ($1,366 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+25.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,355 per ton in 2022, declining by -31.7% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 an increase of 120%. Over the period under review, the average export prices hit record highs at $7,250 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($8,842 per ton), while the average price for exports to Italy ($2,127 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 Belgium (+122.9%), 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 the Czech Republic

In 2022, approx. 1K tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into the Czech Republic; shrinking by -51.9% on the previous year's figure. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 96%. As a result, imports reached the peak of 2.2K tons, and then reduced remarkably in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted dramatically to $2.3M in 2022. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 225%. As a result, imports reached the peak of $4.4M, and then shrank sharply in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7056352,0991,30622.8%
Germany463471299395-5.2%
NetherlandsN/A45.9309199108.2%
France233165244164-11.0%
Belgium28.016.938712966.4%
HungaryN/AN/AN/A43.80%
Russia213N/A75341.6-42.0%
LatviaN/AN/AN/A35.70%
ChinaN/AN/A186N/A0%
Others4.37.284.60.8-42.9%
Total1,6471,3414,3612,31512.0%

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

  1. Poland (605.9 tons)
  2. Germany (170.6 tons)
  3. Netherlands (92.2 tons)
  4. Belgium (58.5 tons)
  5. France (40.2 tons)
  6. Hungary (24.0 tons)
  7. Latvia (23.3 tons)
  8. Russia (21.0 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Czech Republic

In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -56.4% to 103 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 696% against the previous year. As a result, the exports attained the peak of 236 tons, and then fell rapidly in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced rapidly to $242K in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 751%. As a result, the exports reached the peak of $813K, and then shrank remarkably in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A2050%
El SalvadorN/A35.463.117.8-29.1%
BelgiumN/AN/A95.611.5-88.0%
Slovakia8.312.138.97.4-3.8%
Germany5.825.14260.3-62.7%
NetherlandsN/AN/A83.7N/A0%
Others1.722.81060.1-61.1%
Total15.795.5813242148.9%

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

  1. Italy (96.2 tons)
  2. Slovakia (2.9 tons)
  3. El Salvador (2.1 tons)
  4. Belgium (1.3 tons)
  5. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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