Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Peru - 2022

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,568 per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady 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 ($4,705 per ton), while the price for Belgium ($540 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 (+4.2%), 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 Peru (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,253 per ton in 2021, which is down by -20% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45%. The export price peaked at $5,069 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Ecuador amounted to -16.0% per year.

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

Imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Peru expanded notably to 915 tons in 2022, increasing by 5.5% compared with 2021. Over the period under review, imports, however, showed a abrupt curtailment.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $2.4M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. 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 Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,3311,0111,5181,129-5.3%
Taiwan (Chinese)83.81562691,021130.1%
United States61.686.689.083.210.5%
Chile15.220.024.647.145.8%
Belgium20.717.814.314.1-12.0%
Canada289N/AN/AN/A0%
Others72.685.664.256.3-8.1%
Total1,8741,3761,9792,3517.9%

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

  1. South Korea (462.4 tons)
  2. Taiwan (Chinese) (369.0 tons)
  3. Belgium (26.1 tons)
  4. Chile (22.4 tons)
  5. United States (17.7 tons)

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

In 2021, approx. 4 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were exported from Peru; which is down by -15.4% compared with the previous year's figure. Over the period under review, exports recorded a deep contraction. The smallest decline of -2.3% was in 2020.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted significantly to $9K in 2021. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $13K, and then declined sharply in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Peru (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
ColombiaN/AN/A9.00%
ChileN/A13.2N/A0%
South Korea9.4N/AN/A0%
OthersN/AN/AN/A0%
Total9.413.29.0-2.2%

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

  1. Colombia (4.0 tons)

Source: IndexBox Market Intelligence Platform

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