Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (CIF) - 2022

In December 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,940 per ton, rising by 6.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 30% against the previous month. Over the period under review, average import prices reached the peak figure in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($4,246 per ton), while the price for India ($2,135 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,756 per ton in 2022, surging by 8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2020 an increase of 56% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($4,390 per ton), while the average price for exports to Morocco ($2,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia

In 2022, approx. 894 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were imported into Tunisia; with an increase of 11% on the previous year's figure. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $3M in 2022. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,5129311,3541,8807.5%
South Korea55.115129039793.1%
MexicoN/AN/AN/A3370%
India1721371561903.4%
Netherlands88.868.876.579.2-3.7%
Spain7.546.041.769.8110.3%
Others43.122.025.126.8-14.6%
Total1,8781,3561,9422,98016.6%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Tunisia in 2022:

  1. Italy (483.2 tons)
  2. South Korea (198.4 tons)
  3. Mexico (85.2 tons)
  4. India (72.2 tons)
  5. Netherlands (25.4 tons)
  6. Spain (22.8 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia

For the fourth year in a row, Tunisia recorded growth in overseas shipments of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, which increased by 30% to 18 tons in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 228%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $50K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 411% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco3.016.529.439.8136.7%
Libya0.31.24.45.2158.8%
Algeria0.51.81.24.3104.9%
OthersN/A0.10.30.6144.9%
Total3.819.635.349.9135.9%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Tunisia in 2022:

  1. Morocco (15.6 tons)
  2. Libya (1.2 tons)
  3. Algeria (1.2 tons)

Source: IndexBox Market Intelligence Platform

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