Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (FOB) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,029 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 73%. Over the period under review, the average export prices reached the peak figure at $1,751 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,407 per ton), while the average price for exports to Afghanistan ($696 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 the United Arab Emirates (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,974 per ton in 2022, dropping by -7.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 64% against the previous year. As a result, import price reached the peak level of $2,141 per ton, and then shrank in the following year.

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 China ($2,614 per ton), while the price for South Korea ($1,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -22.6% to 827 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 110%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses dropped notably to $850K in 2022. In general, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -40.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan5688867456263.3%
Afghanistan11343628015811.8%
United Arab Emirates34.649.337.929.1-5.6%
Others50.646.535.737.0-9.9%
Total7671,4181,0988503.5%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Iran in 2022:

  1. Uzbekistan (540.6 tons)
  2. Afghanistan (227.3 tons)
  3. United Arab Emirates (20.7 tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran

Imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses into Iran fell significantly to 233 tons in 2022, with a decrease of -32.4% against the previous year. In general, imports saw a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by 162%.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses fell markedly to $459K in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 329%.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,12475.6577386-30.0%
Turkey13931.361.941.2-33.3%
South Korea51.919.533.018.8-28.7%
China13145.265.013.3-53.3%
Malaysia156N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,601172736459-34.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Iran in 2022:

  1. United Arab Emirates (191.8 tons)
  2. Turkey (20.5 tons)
  3. South Korea (15.1 tons)
  4. China (5.1 tons)

Source: IndexBox Market Intelligence Platform

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