Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,275 per ton, with an increase of 44% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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; butyric, valeric acids; their salts and esterses increased by +93.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,733 per ton), while the price for the United States ($1,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,094 per ton in 2022, picking up by 9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($3,318 per ton), while the average price for exports to Nigeria ($2,201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates
After three years of growth, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -18.1% to 6.2K tons in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports attained the peak of 7.6K tons, and then contracted rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $14M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.5 | 5.4 | 8.0 | 9.3 | 19.1% |
| China | 1.5 | 1.3 | 2.2 | 2.6 | 20.1% |
| India | N/A | N/A | 1.1 | 1.8 | 63.6% |
| Belgium | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
| Others | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Total | 7.4 | 7.3 | 12.0 | 14.2 | 24.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to the United Arab Emirates in 2022:
- United States (4.9K tons)
- China (1.1K tons)
- Belgium (0.1K tons)
- India (0.1K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates
In 2022, approx. 535 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were exported from the United Arab Emirates; growing by 86% compared with the previous year's figure. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $1.7M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 254 | 389 | 501 | 1,134 | 64.7% |
| Nigeria | 12.1 | 3.5 | 14.7 | 179 | 145.5% |
| Madagascar | 2.7 | 0.3 | 2.6 | 75.0 | 202.9% |
| South Africa | N/A | N/A | N/A | 69.8 | 0% |
| Tanzania | N/A | 0.1 | N/A | 60.7 | 2363.7% |
| India | N/A | 53.9 | 11.7 | N/A | -78.3% |
| Egypt | N/A | N/A | 80.5 | N/A | 0% |
| Iran | 112 | 55.8 | 141 | N/A | 12.2% |
| Others | 21.6 | 70.1 | 64.3 | 136 | 84.7% |
| Total | 402 | 573 | 816 | 1,655 | 60.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from the United Arab Emirates in 2022:
- Oman (366.9 tons)
- Nigeria (81.3 tons)
- Madagascar (22.6 tons)
- South Africa (22.4 tons)
- Tanzania (20.1 tons)
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