Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,995 per ton, which is down by -3.2% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. As a result, import price attained the peak level of $2,061 per ton, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($2,213 per ton) and Denmark ($2,078 per ton), while the price for Belgium ($1,872 per ton) and Germany ($2,058 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 (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -28.9% to 4.3K tons for the first time since 2019, thus ending a two-year rising trend. Overall, total imports indicated a strong expansion from 2020 to 2022: its volume increased at an average annual rate of +13.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of 6.1K tons, and then dropped rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank remarkably to $8.6M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 109%. As a result, imports attained the peak of $13M, and then reduced rapidly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Belgium | 3.6 | 5.4 | 3.8 | 2.7% | |
| Germany | 1.3 | 3.4 | 2.4 | 35.9% | |
| Russia | 0.5 | 2.7 | 1.3 | 61.2% | |
| Denmark | N/A | N/A | 1.2 | 0% | |
| Netherlands | N/A | 0.6 | N/A | 0% | |
| Others | 0.6 | 0.5 | N/A | -16.7% | |
| Total | 6.0 | 12.5 | 8.6 | 19.7% | |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Finland in 2022:
- Belgium (2018.7 tons)
- Germany (1171.2 tons)
- Russia (583.1 tons)
- Denmark (555.4 tons)
- Netherlands (0.3 tons)
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