Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,933 per ton, surging by 51% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by +86.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,558 per ton), while the price for Belgium ($1,000 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 (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $4,989 per ton, surging by 41% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 206%. Over the period under review, the average export prices hit record highs at $20,304 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($26,939 per ton), while the average price for exports to Brazil ($2,373 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 Chile (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -55.3% to 174 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2020 with an increase of 62%.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses shrank dramatically to $684K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of $1M, and then fell dramatically in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States44.015832427884.9%
India169222364128-8.8%
South Korea22.646.672.611773.0%
Spain4.37.441.533.297.6%
Taiwan (Chinese)39.835.527.229.3-9.7%
Italy14.134.551.224.820.7%
Chile8.82.78.922.236.1%
China4.916.463.416.249.0%
United Arab EmiratesN/AN/A37.5N/A0%
Others51.341.525.235.4-11.6%
Total3595651,01568424.0%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Argentina in 2022:

  1. South Korea (64.9 tons)
  2. India (32.0 tons)
  3. United States (29.0 tons)
  4. Taiwan (Chinese) (10.8 tons)
  5. Spain (8.5 tons)
  6. China (6.8 tons)
  7. Chile (6.3 tons)
  8. Italy (6.1 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -0.1% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 6,019%.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $10K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,022% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.11.62.33.5227.1%
Brazil0.11.92.32.9207.2%
Chile0.11.31.72.2180.2%
UruguayN/A0.20.61.0123.6%
ParaguayN/A0.20.20.322.5%
OthersN/AN/AN/AN/A0%
Total0.25.27.110.0268.4%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Argentina in 2022:

  1. Brazil (1216.0 kg)
  2. Mexico (535.0 kg)
  3. Uruguay (110.0 kg)
  4. Chile (82.0 kg)
  5. Paraguay (51.0 kg)

Source: IndexBox Market Intelligence Platform

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