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

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $2,206 per ton in 2022, jumping by 72% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +75.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +3.0% per year.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $6,093 per ton, dropping by -7.7% against the previous year. Over the period under review, the export price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 669% against the previous year. As a result, the export price attained the peak level of $24,427 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +33.6% per year.

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

For the third year in a row, Russia recorded decline in purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates, which decreased by -94.9% to 1.8 tons in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -28.2% was in 2020.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates declined markedly to $4K in 2022. Over the period under review, imports showed a precipitous slump. The smallest decline of -37.5% was in 2020.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A4.00%
PolandN/AN/A28.5N/A0%
Belarus91.461.0N/AN/A-33.3%
Turkey47.425.916.3N/A-41.4%
Others0.80.40.1N/A-64.6%
Total14087.344.94.0-69.4%

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

  1. China (1.8 tons)

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

In 2022, approx. 140 kg of acids; aromatic polycarboxylic acids; dimethyl terephthalates were exported from Russia; with a decrease of -30.3% compared with 2021. In general, exports continue to indicate a sharp curtailment.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates fell notably to $853 in 2022. Overall, exports saw a sharp downturn.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Russia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Argentina1.30.9-30.8%
Others0.1N/A0%
Total1.30.9-30.8%

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

  1. Argentina (140.0 kg)

Source: IndexBox Market Intelligence Platform

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