Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,051 per ton, increasing by 41% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,208 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,977 per ton), while the price for India ($1,584 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 (+22.8%), 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 Belgium (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,827 per ton, jumping by 23% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $2,841 per ton in 2012; afterwards, it flattened through to 2022.
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 Japan ($93,333 per ton), while the average price for exports to the Netherlands ($2,220 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 Japan (+42.6%), 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 Belgium
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -39.9% to 6.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 132% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell to $14M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.2 | 2.8 | 6.8 | 5.9 | 4.3% |
| India | 0.5 | 3.2 | 5.0 | 3.4 | 89.5% |
| Germany | 2.1 | 4.4 | 3.6 | 3.3 | 16.3% |
| Italy | 0.6 | 1.2 | 0.8 | 1.1 | 22.4% |
| United Kingdom | N/A | 1.5 | N/A | N/A | 0% |
| Others | 1.0 | 0.2 | 0.2 | 0.3 | -33.1% |
| Total | 9.5 | 13.4 | 16.5 | 14.0 | 13.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Belgium in 2022:
- Netherlands (2.4K tons)
- India (2.2K tons)
- Germany (1.9K tons)
- Italy (0.4K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -45.9% to 548 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 51%.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell markedly to $1.6M in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 34%.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,098 | 1,450 | 1,509 | 577 | -19.3% |
| Germany | 32.8 | 163 | 285 | 318 | 113.2% |
| Czech Republic | 0.6 | 1.4 | 0.8 | 215 | 610.3% |
| Netherlands | 70.3 | 89.0 | 183 | 180 | 36.8% |
| Italy | 1.2 | 3.7 | 4.9 | 103 | 341.1% |
| Poland | 7.0 | 4.5 | 185 | 70.7 | 116.2% |
| Others | 257 | 253 | 162 | 86.8 | -30.4% |
| Total | 1,467 | 1,964 | 2,330 | 1,550 | 1.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Belgium in 2022:
- France (211.0 tons)
- Czech Republic (86.6 tons)
- Netherlands (80.9 tons)
- Germany (79.6 tons)
- Italy (45.9 tons)
- Poland (27.2 tons)
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