Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (FOB) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (FOB) - 2024

In September 2023, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,405 per ton, rising by 6.1% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,437 per ton in February 2023; afterwards, it flattened through to September 2023.

Average prices varied somewhat for the major overseas markets. In September 2023, the highest price was recorded for prices to Japan ($1,907 per ton) and Singapore ($1,590 per ton), while the average price for exports to Brazil ($1,310 per ton) and Israel ($1,311 per ton) were amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,455 per ton in 2022, reducing by -15.2% against the previous year. In general, the import price recorded a mild contraction. The growth pace was the most rapid in 2021 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the maximum at $1,724 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,651 per ton), while the price for Taiwan (Chinese) ($1,395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China

Exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses from China fell significantly to 34K tons in 2022, dropping by -21.7% compared with the year before. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 72%.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses reduced dramatically to $55M in 2022. Over the period under review, exports saw a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, the exports reached the peak of $79M, and then reduced rapidly in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan27.721.720.223.2-5.7%
Russia6.80.52.211.418.8%
Australia6.33.57.85.8-2.7%
Saudi ArabiaN/AN/AN/A1.40%
ThailandN/AN/A4.81.4-70.8%
Hong Kong SAR3.02.63.71.4-22.4%
Philippines0.80.31.31.317.6%
Colombia1.00.51.51.13.2%
Israel0.80.20.21.07.7%
Egypt0.80.1N/A0.94.0%
BrazilN/A0.30.30.863.3%
Malaysia2.80.23.50.1-67.1%
Taiwan (Chinese)N/A0.721.4N/A2957.1%
Others7.52.212.44.8-13.8%
Total57.532.879.454.8-1.6%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from China in 2022:

  1. Japan (13.8K tons)
  2. Russia (7.1K tons)
  3. Australia (3.4K tons)
  4. Thailand (1.0K tons)
  5. Hong Kong SAR (1.0K tons)
  6. Philippines (0.9K tons)
  7. Saudi Arabia (0.8K tons)
  8. Colombia (0.7K tons)
  9. Brazil (0.6K tons)
  10. Egypt (0.6K tons)
  11. Israel (0.6K tons)
  12. Malaysia (0.1K tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China

In 2022, approx. 23K tons of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses were imported into China; flattening at the year before. In general, imports showed a deep reduction.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses shrank notably to $34M in 2022. Overall, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of $40M, and then declined notably in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)12.313.623.127.831.2%
Netherlands5.02.76.85.00.0%
Japan3.01.01.50.8-35.6%
South Korea0.35.74.50.30.0%
Malaysia16.38.93.7N/A-52.4%
Others1.01.00.80.3-33.1%
Total37.933.040.434.2-3.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to China in 2022:

  1. Taiwan (Chinese) (19.9K tons)
  2. Netherlands (3.0K tons)
  3. Japan (0.3K tons)
  4. South Korea (0.2K tons)

Source: IndexBox Market Intelligence Platform

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