Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,956 per ton in 2022, increasing by 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 an increase of 16%. Over the period under review, average import prices hit record highs at $3,172 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,996 per ton), while the price for China ($2,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Angola declined to 67 tons, with a decrease of -4% against 2021. Over the period under review, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 69 tons, and then dropped slightly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses expanded slightly to $197K in 2022. Overall, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.0 | 8.6 | N/A | 70.9 | 99.0% |
Portugal | 99.6 | 21.6 | 39.1 | 62.2 | -14.5% |
Belgium | N/A | 0.5 | 51.8 | 37.2 | 762.6% |
Lebanon | 9.2 | 12.6 | 20.3 | 26.8 | 42.8% |
United Kingdom | 31.8 | 17.6 | 52.4 | N/A | 28.4% |
United States | N/A | 23.3 | 26.3 | N/A | 12.9% |
Turkey | 4.1 | 2.3 | 2.7 | N/A | -18.8% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 154 | 86.5 | 193 | 197 | 8.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Angola in 2022:
- China (35.0 tons)
- Portugal (15.6 tons)
- Belgium (9.3 tons)
- Lebanon (6.8 tons)
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