Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $3,235 per ton in 2022, surging by 82% against the previous year. Over the period under review, the import price saw tangible growth. As a result, import price attained the peak level 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 country with the highest price was India ($3,417 per ton), while the price for China amounted to $2,706 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,389 per ton in 2021, flattening at the previous year. Over the period under review, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2019 a decrease of -14.5%. Over the period under review, the average export prices attained the maximum at $2,454 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2018 to 2021, the rate of growth in terms of prices for Nigeria amounted to -14.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia
In 2022, approx. 11 tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into Ethiopia; with a decrease of -79.1% against the previous year. Over the period under review, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted notably to $34K in 2022. Overall, imports faced a sharp curtailment. The smallest decline of -3.3% was in 2021.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.9 | 6.6 | 9.9 | 27.1 | 90.8% |
| China | 39.6 | 28.9 | 34.3 | 7.4 | -42.8% |
| Russia | 16.3 | 18.5 | 12.9 | N/A | -11.0% |
| Belgium | 8.0 | 9.9 | 7.4 | N/A | -3.8% |
| United States | 19.0 | 14.3 | 14.5 | N/A | -12.6% |
| United Arab Emirates | 36.9 | 4.6 | 3.5 | N/A | -69.2% |
| Turkey | 2.3 | 9.4 | 7.0 | N/A | 74.5% |
| Others | 1.4 | 1.6 | 1.3 | N/A | -3.6% |
| Total | 127 | 93.8 | 90.7 | 34.5 | -35.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Ethiopia in 2022:
- India (7.9 tons)
- China (2.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia
In 2021, the amount of acids; saturated acyclic monocarboxylic acids; n-butyl acetates exported from Ethiopia totaled 1.5 tons, stabilizing at the previous year's figure. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2.1K in 2021. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to continue growth in the near future.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 2.1 | 0% | |
| Nigeria | 1.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.2 | N/A | 2.1 | 32.3% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Ethiopia in 2022:
- United Arab Emirates (1.5 tons)
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