Belarus - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Belarus - 2022
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Belarus (FOB) - 2022
- Price for Phthalic Anhydride and Terephthalic Acid in Belarus (CIF) - 2022
- Exports of Phthalic Anhydride and Terephthalic Acid in Belarus
- Imports of Phthalic Anhydride and Terephthalic Acid in Belarus
Price for Phthalic Anhydride and Terephthalic Acid in Belarus (FOB) - 2022
The average export price for phthalic anhydride, terephthalic acid and its salts stood at $1,011 per ton in April 2021, growing by 14% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +12.2%. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 14% m-o-m. The export price peaked in April 2021.
Average prices varied noticeably for the major foreign markets. In April 2021, the countries with the highest prices were Ukraine ($1,139 per ton) and Nigeria ($1,079 per ton), while the average price for exports to Poland ($923 per ton) and Germany ($956 per ton) were amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phthalic Anhydride and Terephthalic Acid in Belarus (CIF) - 2022
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $974 per ton in April 2021, surging by 33% against the previous month. Over the period under review, import price indicated a remarkable increase from January 2021 to April 2021: its price increased at an average monthly rate of +16.2% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2021 figures, phthalic anhydride and terephthalic acid import price increased by +57.0% against January 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In April 2021, the country with the highest price was Russia ($1,229 per ton), while the price for Portugal ($769 per ton) was amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by South Korea (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phthalic Anhydride and Terephthalic Acid in Belarus
In 2022, phthalic anhydride and terephthalic acid exports from Belarus fell significantly to 15K tons, with a decrease of -70% compared with 2021. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 49K tons, and then fell sharply in the following year.
In value terms, phthalic anhydride and terephthalic acid exports dropped notably to $18M in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 127% against the previous year. As a result, the exports attained the peak of $52M, and then contracted remarkably in the following year.
| Export of Phthalic Anhydride and Terephthalic Acid in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.2 | 7.1 | 17.4 | 6.1 | -24.5% |
| Lithuania | 1.0 | 4.5 | 7.2 | 2.5 | 35.7% |
| Poland | 6.1 | 2.3 | 6.2 | 2.2 | -28.8% |
| Turkey | 1.4 | 2.1 | 4.5 | 1.6 | 4.6% |
| India | 0.4 | 0.9 | 3.7 | 1.3 | 48.1% |
| Ukraine | 2.2 | 1.9 | 3.3 | 1.2 | -18.3% |
| Egypt | 1.1 | 1.3 | 3.0 | 1.0 | -3.1% |
| Others | 6.0 | 2.6 | 6.2 | 2.2 | -28.4% |
| Total | 32.4 | 22.8 | 51.6 | 18.0 | -17.8% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Belarus in 2022:
- Russia (4.5K tons)
- Lithuania (2.7K tons)
- Poland (1.7K tons)
- Turkey (1.3K tons)
- India (1.0K tons)
- Ukraine (0.9K tons)
- Egypt (0.8K tons)
Imports of Phthalic Anhydride and Terephthalic Acid in Belarus
In 2022, purchases abroad of phthalic anhydride, terephthalic acid and its salts decreased by -79.9% to 12K tons, falling for the second year in a row after two years of growth. Overall, imports saw a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 66K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, phthalic anhydride and terephthalic acid imports fell markedly to $11M in 2022. In general, imports faced a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
| Import of Phthalic Anhydride and Terephthalic Acid in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 29.4 | 19.6 | 23.4 | 5.6 | -42.5% |
| South Korea | 11.1 | 16.9 | 18.9 | 4.2 | -27.7% |
| Portugal | 6.6 | 5.0 | 5.7 | 1.3 | -41.8% |
| Others | 1.1 | N/A | N/A | N/A | 0% |
| Total | 48.2 | 41.5 | 48.0 | 11.1 | -38.7% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Belarus in 2022:
- Poland (5.8K tons)
- South Korea (4.9K tons)
- Portugal (1.5K tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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