Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,473 per ton, which is down by -4.5% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% 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; vinyl acetates increased by +65.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum at $1,681 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,487 per ton), while the price for the Netherlands totaled $1,441 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway

In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -13.9% to 62 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 1% against the previous year. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates fell sharply to $92K in 2022. Overall, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports reached the peak of $112K, and then fell remarkably in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.49.233.231.4135.6%
Netherlands47.930.339.214.5-32.9%
Others47.932.439.245.9-1.4%
Total98.172.011291.8-2.2%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Norway in 2022:

  1. Belgium (21.1 tons)
  2. Netherlands (10.1 tons)

Source: IndexBox Market Intelligence Platform

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