Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,311 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,536 per ton), while the price for Belgium ($1,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,680 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2020 a decrease of -9.8%. Over the period under review, the average export prices attained the maximum at $1,862 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Montenegro.
From 2019 to 2022, the rate of growth in terms of prices for Montenegro amounted to -21.7% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia
In 2022, approx. 119 tons of acids; saturated acyclic monocarboxylic acids; vinyl acetates were imported into Serbia; rising by 5% on the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 78%. As a result, imports reached the peak of 207 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates skyrocketed to $274K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 68%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.0 | 14.8 | 32.2 | 153 | 100.4% |
Russia | 7.6 | 15.3 | 20.9 | 120 | 150.9% |
Germany | 7.7 | 9.2 | 8.8 | 0.1 | -76.5% |
South Korea | N/A | 16.7 | 16.9 | N/A | 1.2% |
China | 20.0 | 23.5 | 22.3 | N/A | 5.6% |
Belgium | 4.0 | 13.6 | 13.4 | N/A | 83.0% |
Taiwan (Chinese) | 11.2 | 15.0 | 18.0 | N/A | 26.8% |
Italy | 9.7 | 14.0 | 16.4 | N/A | 30.0% |
Netherlands | 7.1 | 19.9 | 27.2 | N/A | 95.7% |
Saudi Arabia | 16.7 | 21.0 | 11.7 | N/A | -16.3% |
Others | 25.7 | 53.5 | 19.6 | N/A | -12.7% |
Total | 129 | 217 | 207 | 274 | 28.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Serbia in 2022:
- United States (71.0 tons)
- Russia (47.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia
In 2022, approx. 25 kg of acids; saturated acyclic monocarboxylic acids; vinyl acetates were exported from Serbia; almost unchanged from the previous year. Overall, exports faced a sharp slump. The smallest decline of -99.6% was in 2020.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $42 in 2022. In general, exports faced a sharp setback. The smallest decline of -99.6% was in 2020.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 20.6 | N/A | N/A | N/A | 0% |
Montenegro | 0.2 | 0.1 | N/A | N/A | -50.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 20.8 | 0.1 | N/A | N/A | -99.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Serbia in 2022:
- Montenegro (25.0 kg)
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