Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,202 per ton in 2022, growing by 46% against the previous year. In general, the import price posted resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 63%. The import price peaked in 2022 and is likely to see gradual 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 Germany ($2,306 per ton) and Spain ($2,186 per ton), while the price for France ($1,795 per ton) and the UK ($2,000 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $510 per ton in 2021, declining by -34.2% against the previous year. In general, the export price faced a sharp decrease. The growth pace was the most rapid in 2017 when the average export price decreased by -2.5% against the previous year. Over the period under review, the average export prices reached the maximum at $23,565 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($509 per ton), while the average price for exports to France amounted to $506 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+20.9%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal
Imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Portugal reduced sharply to 6.1K tons in 2022, waning by -45.2% compared with the year before. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 11K tons, and then fell notably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank markedly to $14M in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 113%. As a result, imports reached the peak of $17M, and then dropped notably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.6 | 4.0 | 10.0 | 8.8 | 16.3% |
| Germany | 1.0 | 1.0 | 2.9 | 3.6 | 53.3% |
| Belgium | 0.4 | 0.1 | 2.2 | 1.1 | 40.1% |
| China | 0.6 | 0.4 | 0.4 | N/A | -18.4% |
| United Kingdom | 0.7 | 1.4 | N/A | N/A | 100.0% |
| France | 1.7 | 0.8 | 0.5 | N/A | -45.8% |
| Netherlands | 0.3 | 0.1 | 0.4 | N/A | 15.5% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 10.2 | 7.9 | 16.9 | 13.5 | 9.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Portugal in 2022:
- Spain (4.0K tons)
- Germany (1.6K tons)
- Belgium (0.6K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal
For the third consecutive year, Portugal recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, which increased by 124% to 28 tons in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 124,650% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates surged to $14K in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 96,610%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Mozambique | N/A | 0.1 | 13.5 | 13400.0% | |
| France | N/A | N/A | 0.5 | 0% | |
| Cabo Verde | N/A | 8.8 | N/A | 0% | |
| Others | N/A | 0.8 | 0.2 | -75.0% | |
| Total | N/A | 9.7 | 14.3 | 47.4% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Portugal in 2022:
- Mozambique (26.5 tons)
- France (1.1 tons)
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