Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,125 per ton in 2022, growing by 41% against the previous year. Overall, the export price, however, continues to indicate a slight downturn. The export price peaked at $1,410 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 the United States ($1,923 per ton), while the average price for exports to Luxembourg ($888 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 China (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,350 per ton in 2022, with an increase of 33% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 34%. The import price peaked at $1,637 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 -0.7% per year.
Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany
In 2022, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Germany fell to 85K tons, declining by -13.9% against the previous year's figure. In general, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 98K tons, and then declined in the following year.
In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates soared to $95M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +84.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 38.8 | 29.1 | 39.5 | 42.5 | 3.1% |
| Netherlands | 13.8 | 8.5 | 14.6 | 15.4 | 3.7% |
| Italy | 5.9 | 4.4 | 6.9 | 10.0 | 19.2% |
| France | 6.4 | 5.0 | 8.2 | 8.6 | 10.4% |
| United States | 0.6 | 0.2 | 0.5 | 8.1 | 138.1% |
| Japan | 0.5 | 1.3 | 3.3 | 5.6 | 123.7% |
| China | 6.0 | 2.0 | 1.0 | 3.4 | -17.2% |
| Others | 2.3 | 1.1 | 4.6 | 1.6 | -11.4% |
| Total | 74.4 | 51.5 | 78.6 | 95.2 | 8.6% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Germany in 2022:
- Luxembourg (47.8K tons)
- Netherlands (11.7K tons)
- Italy (7.2K tons)
- France (6.4K tons)
- United States (4.2K tons)
- Japan (3.8K tons)
- China (2.4K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany
In 2022, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates into Germany dropped significantly to 560 tons, shrinking by -56.7% on the previous year's figure. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 826% against the previous year. As a result, imports reached the peak of 1.3K tons, and then shrank sharply in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates reduced remarkably to $756K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 725%. As a result, imports reached the peak of $1.3M, and then fell markedly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 229 | 80.3 | 1,204 | 746 | 48.2% |
| Netherlands | 71.4 | 49.5 | 82.6 | N/A | 7.6% |
| Others | 21.3 | 29.2 | 25.4 | 10.1 | -22.0% |
| Total | 322 | 159 | 1,312 | 756 | 32.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Germany in 2022:
- Turkey (558.2 tons)
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