Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,667 per ton, jumping by 19% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Japan ($4,602 per ton), while the price for India ($1,733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), 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 Germany (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,443 per ton in 2022, rising by 21% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 59% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.
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 Luxembourg ($6,359 per ton), while the average price for exports to Belgium ($1,697 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 Luxembourg (+8.4%), 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 Germany
In 2022, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Germany shrank to 13K tons, reducing by -11.8% on 2021. Over the period under review, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses rose slightly to $35M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 16.5 | 14.0 | 16.0 | 15.1 | -2.9% |
Belgium | 3.3 | 3.9 | 7.7 | 8.2 | 35.4% |
Italy | 3.5 | 4.5 | 6.3 | 8.0 | 31.7% |
Japan | 1.4 | 1.1 | 1.0 | 1.4 | 0.0% |
India | 0.9 | 0.4 | 0.8 | 1.2 | 10.1% |
Czech Republic | 1.1 | 0.7 | 0.9 | 1.1 | 0.0% |
Russia | 0.5 | N/A | N/A | N/A | 0% |
Others | 0.6 | 1.0 | 1.0 | 0.5 | -5.9% |
Total | 27.8 | 25.6 | 33.8 | 35.4 | 8.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Germany in 2022:
- Netherlands (6.1K tons)
- Belgium (3.3K tons)
- Italy (2.3K tons)
- India (0.7K tons)
- Czech Republic (0.4K tons)
- Japan (0.3K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany
In 2022, after three years of growth, there was significant decline in shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, when their volume decreased by -37.4% to 4.1K tons. In general, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 41%.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted dramatically to $10M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports reached the peak of $13M, and then dropped significantly in the following year.
Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 2,928 | 2,951 | 3,434 | 2,972 | 0.5% |
United States | 284 | 1,216 | 1,524 | 2,534 | 107.4% |
France | 675 | 1,122 | 1,924 | 833 | 7.3% |
Italy | 316 | 256 | 521 | 727 | 32.0% |
Netherlands | 424 | 226 | 872 | 495 | 5.3% |
Poland | 128 | 158 | 688 | 116 | -3.2% |
Russia | 271 | 1,202 | 1,192 | 74.9 | -34.9% |
Luxembourg | 28.6 | 581 | 697 | 11.6 | -26.0% |
Serbia | 548 | 395 | 36.5 | 1.1 | -87.4% |
Others | 1,917 | 1,751 | 2,211 | 2,187 | 4.5% |
Total | 7,520 | 9,860 | 13,100 | 9,951 | 9.8% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Germany in 2022:
- Belgium (1751.8 tons)
- United States (985.1 tons)
- Italy (378.3 tons)
- France (209.5 tons)
- Netherlands (195.3 tons)
- Poland (41.7 tons)
- Russia (24.8 tons)
- Luxembourg (1.8 tons)
- Serbia (0.3 tons)
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