Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,278 per ton, surging by 33% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2021 an increase of 63%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($2,777 per ton) and China ($2,346 per ton), while the price for South Korea ($1,985 per ton) and Colombia ($2,021 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador
After three years of growth, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -30.7% to 6.3K tons in 2022. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 17%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates reduced to $14M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, imports reached the peak of $15M, and then declined in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.9 | 4.9 | 8.5 | 10.5 | 21.2% |
China | 1.9 | 2.6 | 3.8 | 1.6 | -5.6% |
Netherlands | 0.1 | 0.3 | 1.8 | 1.0 | 115.4% |
Colombia | N/A | N/A | N/A | 0.8 | 0% |
South Korea | N/A | 0.9 | 1.4 | 0.3 | -42.3% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 8.0 | 8.9 | 15.4 | 14.3 | 21.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Ecuador in 2022:
- United States (4.6K tons)
- China (0.7K tons)
- Netherlands (0.4K tons)
- Colombia (0.4K tons)
- South Korea (0.2K tons)
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