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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Luxembourg (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Luxembourg

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $4,144 per ton, with an increase of 8.7% against the previous year. Over the period under review, the import price posted resilient growth. The pace of growth was the most pronounced in 2015 an increase of 69%. The import price peaked at $4,549 per ton in 2019; however, from 2020 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 Italy ($10,622 per ton), while the price for China ($3,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses imported into Luxembourg reached 540 tons, with an increase of 3.9% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 49%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses expanded remarkably to $2.2M in 2022. In general, imports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3273861,6261,71573.7%
ItalyN/A215354170-11.1%
Belgium2,072824N/A170-56.5%
United StatesN/AN/AN/A1050%
OthersN/AN/A0.176.876700.0%
Total2,3991,4251,9802,237-2.3%

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

  1. China (465.5 tons)
  2. Belgium (27.1 tons)
  3. United States (26.2 tons)
  4. Italy (16.0 tons)

Source: IndexBox Market Intelligence Platform

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