Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,981 per ton, surging by 8.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 71% against the previous year. The import price peaked at $2,108 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($2,606 per ton), while the price for Thailand ($1,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses, which decreased by -13.2% to 1.7K tons in 2022. Over the period under review, imports recorded a drastic downturn. The smallest decline of -4.9% was in 2021.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses contracted to $3.4M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. As a result, imports attained the peak of $3.6M, and then dropped in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 471 | 503 | 1,701 | 2,045 | 63.1% |
| Malaysia | 112 | 120 | 810 | 618 | 76.7% |
| Taiwan (Chinese) | 1,118 | 1,234 | 603 | 316 | -34.4% |
| India | 10.8 | 49.1 | 247 | 167 | 149.1% |
| Vietnam | 31.4 | 19.0 | 35.5 | 67.6 | 29.1% |
| South Korea | 1,024 | 205 | 118 | 47.1 | -64.2% |
| Thailand | 5.4 | 9.2 | 13.0 | 46.2 | 104.5% |
| Others | 65.8 | 66.0 | 57.5 | 60.8 | -2.6% |
| Total | 2,838 | 2,206 | 3,585 | 3,368 | 5.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Sri Lanka in 2022:
- China (1005.9 tons)
- Malaysia (324.9 tons)
- Taiwan (Chinese) (150.7 tons)
- India (89.7 tons)
- Thailand (39.4 tons)
- Vietnam (31.5 tons)
- South Korea (31.5 tons)
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