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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Singapore (FOB) - 2022
  2. Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Singapore

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $31,000 per ton, picking up by 173% against the previous year. In general, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +28.3% per year.

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

Exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Singapore dropped markedly to 1 kg in 2022, which is down by -99.3% against 2021. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 0.7% against the previous year.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates contracted sharply to $31 in 2022. Overall, exports recorded a precipitous contraction. The smallest decline of less than 0.1% was in 2020.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/AN/A31.00%
China341354298N/A-6.5%
Malaysia935971813N/A-6.8%
Indonesia764714538N/A-16.1%
OthersN/AN/AN/AN/A0%
Total2,0402,0391,64931.0-75.2%

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

  1. Philippines (1.0 kg)

Source: IndexBox Market Intelligence Platform

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