Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,152 per ton in December 2023, growing by 17% against the previous month. Over the period under review, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices attained the peak figure at $1,854 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($1,208 per ton), while the price for China ($1,030 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,026 per ton, growing by 43% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. Over the period under review, the average export prices attained the peak figure at $3,819 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($2,319 per ton), while the average price for exports to Brazil stood at $1,754 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+11.6%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -24.5% to 8.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined to $15M in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of $17M, and then reduced in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.6 | 7.9 | 15.2 | 13.7 | 16.8% |
China | 0.2 | 0.8 | 0.5 | 0.8 | 58.7% |
South Korea | N/A | 0.5 | 0.8 | N/A | 60.0% |
Others | N/A | N/A | 0.2 | 0.2 | 0.0% |
Total | 8.9 | 9.3 | 16.6 | 14.7 | 18.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Chile in 2022:
- United States (7.7K tons)
- China (0.5K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile
In 2022, approx. 501 tons of acids; saturated acyclic monocarboxylic acids; vinyl acetates were exported from Chile; increasing by 13% compared with 2021 figures. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 334%. 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; vinyl acetates soared to $1M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 514%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 126 | 102 | 571 | 560 | 64.4% |
Brazil | N/A | N/A | N/A | 455 | 0% |
Peru | N/A | N/A | 58.4 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 126 | 102 | 629 | 1,016 | 100.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Chile in 2022:
- Brazil (259.6 tons)
- Argentina (241.6 tons)
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