Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan - 2022

Contents:

1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan (CIF) - 2022
2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan (FOB) - 2022
3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan
4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,938 per ton in 2022, surging by 1.7% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +79.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 76% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($5,246 per ton), while the price for China ($2,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,259 per ton, waning by -9.9% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +61.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 79%. As a result, the export price reached the peak level of $3,616 per ton, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($3,274 per ton), while the average price for exports to Russia totaled $3,257 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+4.7%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in overseas purchases of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, which increased by 58% to 586 tons in 2022. In general, imports saw a significant increase. 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 skyrocketed to $1.7M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Kazakhstan in 2022:

1. China (377.3 tons)
2. Belgium (72.4 tons)
3. Netherlands (59.8 tons)
4. Lithuania (25.7 tons)
5. Russia (20.8 tons)
6. United States (17.0 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kazakhstan

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -3.5% to 24 tons, falling for the second year in a row after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted to $78K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports attained the peak of $90K, and then reduced in the following year.

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Kazakhstan in 2022:

1. Russia (21.1 tons)
2. Kyrgyzstan (2.9 tons)

Source: IndexBox Market Intelligence Platform