Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (CIF) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (CIF) - 2024
In September 2023, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $1,345 per ton, picking up by 13% against the previous month. In general, the import price, however, saw a slight decline. Over the period under review, average import prices attained the peak figure at $1,485 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was India ($1,302 per ton), while the price for Malaysia ($1,257 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $5,136 per ton in 2022, falling by -26.9% against the previous year. Overall, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 133%. Over the period under review, the average export prices hit record highs at $7,023 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($9,035 per ton), while the average price for exports to New Zealand ($3,184 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 Fiji (+14.7%), 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 Australia
In 2022, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Australia skyrocketed to 3.4K tons, with an increase of 381% on the previous year's figure. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $5.9M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | 593 | 2,719 | 358.5% | ||
| South Korea | 318 | 1,508 | 374.2% | ||
| Taiwan (Chinese) | 363 | 1,463 | 303.0% | ||
| United States | 26.8 | 135 | 403.7% | ||
| Others | 30.6 | 114 | 272.5% | ||
| Total | 1,332 | 5,939 | 345.9% | ||
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Australia in 2022:
- China (1696.7 tons)
- Taiwan (Chinese) (812.9 tons)
- South Korea (796.8 tons)
- United States (52.1 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia
Exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses from Australia was estimated at 3.7 tons in 2022, picking up by 5.5% compared with 2021. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2%.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined markedly to $19K in 2022. In general, exports, however, showed a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 52%. As a result, the exports attained the peak of $25K, and then fell remarkably in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.4 | 11.0 | N/A | 7.8 | 13.0% |
| Fiji | 1.5 | 5.0 | 12.5 | 7.3 | 69.5% |
| New Zealand | 5.8 | 0.1 | N/A | 3.9 | -12.4% |
| Vietnam | 3.2 | N/A | N/A | N/A | 0% |
| New Caledonia | N/A | N/A | 12.0 | N/A | 0% |
| United Arab Emirates | 1.9 | N/A | N/A | N/A | 0% |
| Others | 2.9 | N/A | N/A | N/A | 0% |
| Total | 20.7 | 16.2 | 24.5 | 18.9 | -3.0% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Australia in 2022:
- Fiji (1.6 tons)
- New Zealand (1.2 tons)
- South Korea (0.9 tons)
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