Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,599 per ton in 2022, with an increase of 18% against the previous year. Overall, import price indicated a remarkable increase from 2013 to 2022: its price increased at an average annual rate of +5.4% over the last nine years. 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; vinyl acetates increased by +92.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,776 per ton), while the price for China stood at $2,551 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+88.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay
After three years of growth, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -22.3% to 64 tons in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports attained the peak of 82 tons, and then fell significantly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates dropped to $166K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 100%. As a result, imports attained the peak of $180K, and then dropped in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 19.9 | 61.0 | 122 | 147.6% |
| United States | N/A | N/A | 27.9 | 43.2 | 54.8% |
| Spain | 31.3 | N/A | N/A | N/A | 0% |
| South Korea | N/A | 16.1 | 91.0 | N/A | 465.2% |
| United Kingdom | N/A | 15.1 | N/A | N/A | 0% |
| Singapore | N/A | 12.3 | N/A | N/A | 0% |
| Taiwan (Chinese) | 53.7 | 25.4 | N/A | N/A | -52.7% |
| Others | N/A | 1.0 | N/A | 0.4 | -36.8% |
| Total | 85.0 | 89.9 | 180 | 166 | 25.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Paraguay in 2022:
- China (47.9 tons)
- United States (15.6 tons)
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