Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,490 per ton in 2022, rising by 9.8% against the previous year. Overall, the import price, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of 77% against the previous year. Over the period under review, average import prices attained the maximum at $1,642 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($1,538 per ton) and South Korea ($1,515 per ton), while the price for Israel ($1,274 per ton) and Belarus ($1,355 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,085 per ton in 2020, dropping by -35.4% against the previous year. Over the period under review, the export price showed a sharp shrinkage. Over the period under review, the average export prices attained the peak figure at $1,679 per ton in 2019, and then reduced rapidly in the following year.

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

From 2019 to 2020, the rate of growth in terms of prices for the Netherlands amounted to -35.4% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece

In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -24.8% to 796 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides plummeted to $1.2M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +27.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports attained the peak of $1.4M, and then fell notably in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4604765685868.4%
South Korea3101666283413.2%
ItalyN/AN/AN/A1150%
Israel158230N/A91.7-16.6%
BelarusN/AN/AN/A27.10%
Taiwan (Chinese)N/A77.0N/A25.9-42.0%
BulgariaN/AN/A130N/A0%
SpainN/A48.6N/AN/A0%
PolandN/AN/A112N/A0%
OthersN/A39.0N/AN/A0%
Total9281,0361,4371,1878.6%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Greece in 2022:

  1. Turkey (381.0 tons)
  2. South Korea (225.0 tons)
  3. Italy (80.3 tons)
  4. Israel (72.0 tons)
  5. Belarus (20.0 tons)
  6. Taiwan (Chinese) (18.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece

Exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Greece surged to 5.1 tons in 2020, with an increase of 2,584% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides soared to $5.5K in 2020. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Greece (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Netherlands0.35.51733.3%
OthersN/AN/A0%
Total0.35.51733.3%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Greece in 2022:

  1. Netherlands (5.1 tons)

Source: IndexBox Market Intelligence Platform

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