Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,201 per ton in September 2023, which is down by -3% against the previous month. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in April 2023 an increase of 6.4% m-o-m. Over the period under review, average import prices reached the peak figure at $1,733 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to September 2023, the rate of growth in terms of prices for China amounted to -1.7% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $3,647 per ton, picking up by 3.1% against the previous year. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($9,821 per ton), while the average price for exports to Cyprus ($1,723 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 Poland (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy
Imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Italy shrank notably to 36K tons in 2022, falling by -45% on the previous year's figure. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of 65K tons, and then plummeted in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates shrank dramatically to $70M in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, imports reached the peak of $97M, and then fell sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.9 | 23.7 | 47.8 | 35.4 | 8.3% |
| Belgium | 12.6 | 8.5 | 25.2 | 15.7 | 7.6% |
| Poland | 5.7 | 3.9 | 8.3 | 7.0 | 7.1% |
| China | N/A | 0.2 | 2.2 | 3.4 | 312.3% |
| Turkey | N/A | N/A | 2.2 | 2.8 | 27.3% |
| Netherlands | 0.6 | 0.4 | 3.9 | 2.6 | 63.0% |
| Russia | N/A | 0.2 | 6.7 | 1.1 | 134.5% |
| Others | 0.2 | 0.3 | 1.1 | 1.7 | 104.1% |
| Total | 47.0 | 37.2 | 97.4 | 69.7 | 14.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Italy in 2022:
- Germany (18.6K tons)
- Belgium (7.7K tons)
- Poland (3.5K tons)
- China (1.8K tons)
- Turkey (1.5K tons)
- Netherlands (1.2K tons)
- Russia (0.7K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy
In 2022, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Italy reduced sharply to 235 tons, with a decrease of -23.1% on 2021. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.4% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates declined dramatically to $858K in 2022. In general, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $1.1M, and then dropped significantly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 15.1 | 78.1 | 159 | 233 | 149.0% |
| Slovenia | 65.9 | 66.0 | 184 | 84.2 | 8.5% |
| France | 45.9 | 206 | 89.6 | 80.7 | 20.7% |
| Romania | 5.7 | 7.3 | 4.1 | 60.7 | 120.0% |
| Germany | 54.6 | 42.8 | 141 | 59.8 | 3.1% |
| Lithuania | 0.5 | 2.4 | 10.2 | 55.6 | 380.9% |
| Morocco | N/A | N/A | 62.0 | 50.0 | -19.4% |
| Brazil | 41.4 | 62.1 | 40.1 | 38.3 | -2.6% |
| Portugal | 42.3 | 38.8 | 29.7 | 34.5 | -6.6% |
| Hungary | N/A | 5.6 | 5.9 | 28.0 | 123.6% |
| Turkey | 86.2 | 56.8 | 10.7 | 21.7 | -36.9% |
| Cyprus | N/A | N/A | N/A | 13.8 | 0% |
| Malta | 20.0 | 13.1 | 19.2 | 13.1 | -13.2% |
| Others | 391 | 146 | 326 | 84.7 | -39.9% |
| Total | 768 | 725 | 1,081 | 858 | 3.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Italy in 2022:
- Slovenia (37.5 tons)
- Morocco (24.8 tons)
- Poland (23.7 tons)
- Romania (23.6 tons)
- Lithuania (20.0 tons)
- France (17.9 tons)
- Germany (15.5 tons)
- Brazil (14.8 tons)
- Hungary (9.7 tons)
- Portugal (9.6 tons)
- Cyprus (8.0 tons)
- Turkey (5.8 tons)
- Malta (4.4 tons)
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