Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belgium - 2023

Contents:

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

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

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $2,643 per ton in 2022, declining by -58.4% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 268%. The export price peaked at $19,838 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($30,500 per ton), while the average price for exports to France ($2,597 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 the Netherlands (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,133 per ton in 2022, surging by 6% against the previous year. In general, the import price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2015 an increase of 197% against the previous year. Over the period under review, average import prices reached the peak figure at $10,209 per ton in 2019; however, from 2020 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 Germany ($3,659 per ton), while the price for the United States totaled $1,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Belgium surged to 216 tons in 2022, jumping by 7,917% against the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $570K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.1N/A5.55581673.7%
Taiwan (Chinese)2.27.09.310.367.3%
Others2.11.12.31.5-10.6%
Total4.48.117.1570406.0%

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

  1. France (214.9 tons)
  2. Taiwan (Chinese) (0.7 tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates, when their volume decreased by -24.4% to 456 tons. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 106,860% against the previous year. As a result, imports reached the peak of 602 tons, and then contracted remarkably in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates fell sharply to $516K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 20,152%. As a result, imports reached the peak of $644K, and then dropped markedly in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A5090%
TurkeyN/AN/A636N/A0%
Others3.43.27.36.826.0%
Total3.43.2644516433.4%

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

  1. United States (453.7 tons)

Source: IndexBox Market Intelligence Platform

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