Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,667 per ton, jumping by 15% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +110.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 83%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,833 per ton) and Taiwan (Chinese) ($1,815 per ton), while the price for China ($1,639 per ton) and the United States ($1,713 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,997 per ton, rising by 4.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 88% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($2,449 per ton), while the average price for exports to Egypt ($1,623 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 the United States (+16.2%), 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 United Arab Emirates
In 2022, approx. 16K tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into the United Arab Emirates; growing by 126% on 2021 figures. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates soared to $27M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 215%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 3.2 | 9.0 | 21.9 | 96.2% |
| Taiwan (Chinese) | N/A | N/A | N/A | 3.3 | 0% |
| United States | N/A | N/A | N/A | 1.8 | 0% |
| Germany | 1.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.4 | N/A | 0% |
| Total | 4.6 | 3.3 | 10.3 | 27.1 | 80.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to the United Arab Emirates in 2022:
- China (13.4K tons)
- Taiwan (Chinese) (1.8K tons)
- United States (1.0K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by 326% to 3.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $7.4M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 110 | N/A | N/A | 1,840 | 155.7% |
| Lebanon | 38.9 | 144 | 105 | 808 | 174.9% |
| Jordan | 14.4 | 84.2 | 36.8 | 723 | 268.9% |
| Oman | 409 | 325 | 548 | 569 | 11.6% |
| Tanzania | 46.8 | 92.6 | 83.4 | 428 | 109.1% |
| Egypt | 1,751 | 950 | N/A | 388 | -39.5% |
| Pakistan | N/A | N/A | N/A | 272 | 0% |
| Tunisia | 54.4 | N/A | 279 | 240 | 64.0% |
| Kenya | 7.7 | 15.5 | N/A | 235 | 212.5% |
| China | N/A | N/A | N/A | 234 | 0% |
| Morocco | N/A | 38.3 | 117 | 232 | 146.1% |
| United States | 159 | N/A | N/A | 222 | 11.8% |
| Qatar | N/A | N/A | N/A | 202 | 0% |
| Others | 371 | 201 | 493 | 1,004 | 39.4% |
| Total | 2,961 | 1,851 | 1,663 | 7,397 | 35.7% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from the United Arab Emirates in 2022:
- Saudi Arabia (961.2 tons)
- Lebanon (399.3 tons)
- Jordan (362.4 tons)
- Oman (320.9 tons)
- Egypt (239.1 tons)
- Tanzania (209.5 tons)
- Qatar (116.4 tons)
- China (113.6 tons)
- Pakistan (111.0 tons)
- Kenya (110.3 tons)
- Tunisia (107.4 tons)
- Morocco (100.7 tons)
- United States (98.7 tons)
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