Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (FOB) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,979 per ton in 2022, approximately mirroring the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,176 per ton), while the average price for exports to the Czech Republic amounted to $1,306 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.7%).

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,251 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates increased by +24.4% against 2020 indices. Over the period under review, average import prices attained the peak figure at $1,308 per ton in 2018; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +4.6% per year.

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus

In 2022, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Belarus was estimated at 51 tons, approximately mirroring 2021 figures. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $101K in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia77.347.786.186.33.7%
Czech Republic14.113.314.915.12.3%
OthersN/AN/AN/AN/A0%
Total91.461.01011013.4%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Belarus in 2022:

  1. Russia (39.7 tons)
  2. Czech Republic (11.6 tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus

In 2022, after two years of decline, there was decline in overseas purchases of acids; aromatic polycarboxylic acids; dimethyl terephthalates, when their volume decreased by 0% to 34 tons. Over the period under review, imports recorded a abrupt curtailment. The smallest decline of -33.4% was in 2020.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates skyrocketed to $43K in 2022. In general, imports recorded a abrupt contraction.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey64.434.236.942.5-12.9%
Others0.2N/AN/AN/A0%
Total64.634.236.942.5-13.0%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Belarus in 2022:

  1. Turkey (33.9 tons)

Source: IndexBox Market Intelligence Platform

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