Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (FOB) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (CIF) - 2023
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (FOB) - 2023
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,754 per ton in September 2023, approximately equating the previous month. Over the period under review, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in March 2023 an increase of 11% against the previous month. The export price peaked at $3,746 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($12,648 per ton), while the average price for exports to India ($1,694 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $4,320 per ton in September 2023, flattening at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 104% against the previous month. As a result, import price reached the peak level of $8,132 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($29,387 per ton), while the price for the UK ($4,354 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany
In 2022, after three years of growth, there was significant decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume decreased by -11.8% to 26K tons. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports reached the peak of 29K tons, and then contracted in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses expanded to $71M in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.7 | 9.1 | 11.7 | 15.3 | 6.4% |
| Spain | 7.8 | 6.6 | 6.0 | 9.1 | 5.3% |
| Belgium | 6.8 | 6.2 | 7.8 | 8.8 | 9.0% |
| China | 7.9 | 7.5 | 9.8 | 6.8 | -4.9% |
| Mexico | 2.3 | 2.4 | 4.4 | 5.6 | 34.5% |
| Netherlands | 3.5 | 4.3 | 6.8 | 5.5 | 16.3% |
| France | 3.4 | 3.3 | 4.3 | 3.3 | -1.0% |
| Others | 12.7 | 16.4 | 17.5 | 16.2 | 8.5% |
| Total | 57.1 | 55.9 | 68.3 | 70.7 | 7.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Germany in 2022:
- United States (6.0K tons)
- Spain (4.4K tons)
- Belgium (4.2K tons)
- Netherlands (2.7K tons)
- China (2.3K tons)
- Mexico (1.7K tons)
- France (1.0K tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany
In 2022, approx. 7.3K tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Germany; growing by 8.9% on the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses expanded rapidly to $32M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.3 | 5.2 | 6.8 | 8.7 | 38.1% |
| China | 2.9 | 2.9 | 3.7 | 5.6 | 24.5% |
| Belgium | 3.6 | 3.4 | 3.0 | 4.5 | 7.7% |
| United States | 3.0 | 2.1 | 4.3 | 3.0 | 0.0% |
| Mexico | 4.0 | 2.6 | 2.4 | 2.8 | -11.2% |
| France | 1.1 | 2.0 | 2.7 | 2.0 | 22.1% |
| Spain | 0.8 | 1.2 | 1.8 | 1.5 | 23.3% |
| Sweden | 0.3 | 0.4 | 0.8 | 1.2 | 58.7% |
| United Kingdom | 0.6 | 1.8 | 0.9 | 1.1 | 22.4% |
| Italy | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Others | 1.9 | 0.6 | 1.8 | 1.3 | -11.9% |
| Total | 21.7 | 22.8 | 28.7 | 32.0 | 13.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Germany in 2022:
- Netherlands (3210.5 tons)
- Belgium (1624.3 tons)
- China (602.4 tons)
- Mexico (446.9 tons)
- Sweden (437.5 tons)
- United Kingdom (251.3 tons)
- Spain (222.8 tons)
- Italy (138.4 tons)
- France (126.3 tons)
- United States (28.8 tons)
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