Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (FOB) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (CIF) - 2024
- Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (FOB) - 2024
In September 2023, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,393 per ton, surging by 5.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Pakistan ($1,576 per ton) and Nigeria ($1,513 per ton), while the average price for exports to Russia ($1,255 per ton) and El Salvador ($1,282 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 Ecuador (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (CIF) - 2024
In September 2023, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,773 per ton, increasing by 12% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 145% m-o-m. As a result, import price reached the peak level of $4,454 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($3,418 per ton), while the price for South Korea amounted to $1,653 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China
In 2022, approx. 55K tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were exported from China; growing by 66% compared with the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 112%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $84M in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 241% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 0.8 | 0.7 | 6.6 | 23.9 | 210.3% |
Mexico | 0.3 | 0.4 | 2.1 | 5.5 | 163.7% |
Peru | N/A | 0.3 | 0.2 | 4.8 | 300.0% |
Kenya | 0.2 | 0.2 | 1.3 | 4.5 | 182.3% |
Vietnam | 1.5 | 1.5 | 7.8 | 4.2 | 40.9% |
Australia | 0.4 | 1.4 | 2.9 | 3.9 | 113.6% |
Taiwan (Chinese) | N/A | N/A | 5.7 | 3.1 | -45.6% |
Democratic People's Republic of Korea | 1.6 | 0.4 | 2.2 | 2.6 | 17.6% |
Ecuador | N/A | 0.1 | 0.6 | 2.1 | 358.3% |
Jordan | 0.8 | 0.5 | 0.9 | 2.0 | 35.7% |
Indonesia | 3.7 | 2.1 | 5.8 | 1.7 | -22.8% |
Guatemala | N/A | N/A | 0.3 | 1.6 | 433.3% |
India | 0.3 | 0.4 | 0.6 | 1.5 | 71.0% |
Others | 7.4 | 8.6 | 19.6 | 22.2 | 44.2% |
Total | 17.0 | 16.6 | 56.7 | 83.5 | 70.0% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from China in 2022:
- Egypt (15.9K tons)
- Mexico (3.6K tons)
- Peru (3.5K tons)
- Kenya (3.1K tons)
- Vietnam (3.0K tons)
- Australia (2.5K tons)
- Taiwan (Chinese) (2.3K tons)
- Democratic People's Republic of Korea (1.8K tons)
- Ecuador (1.4K tons)
- Jordan (1.3K tons)
- Indonesia (1.2K tons)
- India (1.0K tons)
- Guatemala (1.0K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China
In 2022, approx. 5.4K tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were imported into China; dropping by -85.9% on 2021 figures. Overall, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 141%.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses contracted dramatically to $9.6M in 2022. Over the period under review, imports showed a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 337% against the previous year.
Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 4.5 | 3.0 | 7.7 | 4.9 | 2.9% |
Taiwan (Chinese) | 65.1 | 10.2 | 46.0 | 2.5 | -66.3% |
Japan | 1.1 | 0.7 | 1.4 | 1.0 | -3.1% |
South Korea | 4.4 | 0.6 | 10.9 | 0.6 | -48.5% |
Others | 1.0 | 0.8 | 1.1 | 0.6 | -15.7% |
Total | 76.1 | 15.4 | 67.1 | 9.6 | -49.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to China in 2022:
- Malaysia (3.0K tons)
- Taiwan (Chinese) (1.5K tons)
- Japan (0.5K tons)
- South Korea (0.3K tons)
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