Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $57 per ton, declining by -89.8% against the previous year. Overall, the import price faced a dramatic decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 86%. The import price peaked at $1,794 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -9.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates increased by 362% to 6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate resilient growth. 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; vinyl acetates fell markedly to $344 in 2022. In general, imports, however, continue to indicate a precipitous curtailment. The smallest decline of -31.2% was in 2021.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 344 | 0% |
| Taiwan (Chinese) | 158 | 94.0 | 56.0 | N/A | -40.5% |
| India | 1,376 | 962 | 671 | N/A | -30.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,534 | 1,056 | 727 | 344 | -39.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Tanzania in 2022:
- China (6.0 tons)
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