Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,695 per ton, surging by 32% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% 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; n-butyl acetates increased by +83.5% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 51%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($2,207 per ton) and South Korea ($1,882 per ton), while the price for Singapore ($1,521 per ton) and Taiwan (Chinese) ($1,800 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $4,901 per ton in 2022, dropping by -1.7% against the previous year. Overall, the export price showed a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 14,760%. As a result, the export price reached the peak level of $1,486,000 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +6.8% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates imported into Australia contracted dramatically to 1.5K tons, waning by -51.1% on the previous year's figure. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of 3.1K tons, and then shrank rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped rapidly to $2.5M in 2022. Overall, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 159% against the previous year. As a result, imports reached the peak of $4M, and then dropped dramatically in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 874 | 673 | 2,048 | 1,004 | 4.7% |
| China | 572 | 384 | 805 | 754 | 9.6% |
| Taiwan (Chinese) | 213 | 222 | 847 | 665 | 46.2% |
| South Korea | N/A | N/A | 1.7 | 51.2 | 2911.8% |
| Malaysia | 198 | 234 | 242 | 31.8 | -45.6% |
| Others | 12.7 | 13.3 | 17.1 | 43.4 | 50.6% |
| Total | 1,870 | 1,527 | 3,960 | 2,549 | 10.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Australia in 2022:
- Singapore (660.1 tons)
- China (417.8 tons)
- Taiwan (Chinese) (369.2 tons)
- South Korea (27.2 tons)
- Malaysia (14.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia
Exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Australia reduced notably to 638 kg in 2022, shrinking by -46.8% compared with the previous year's figure. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 756% against the previous year. As a result, the exports reached the peak of 1.2 tons, and then shrank remarkably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell remarkably to $3.1K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,057% against the previous year. As a result, the exports attained the peak of $6K, and then reduced notably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 0.6 | 0.3 | 1.0 | 3.1 | 72.9% |
| Christmas Island | N/A | N/A | 2.5 | N/A | 0% |
| Thailand | 0.5 | N/A | 2.4 | N/A | 119.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 0.3 | 6.0 | 3.1 | 41.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Australia in 2022:
- Fiji (638.0 kg)
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