Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (CIF) - 2022
In March 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,354 per ton, surging by 36% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,582 per ton), while the price for South Korea ($1,021 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (FOB) - 2022
In December 2021, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $799 per ton, with a decrease of -11.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 16% month-to-month. The export price peaked at $936 per ton in April 2021; however, from May 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In December 2021, the country with the highest price was the Philippines ($1,050 per ton), while the average price for exports to Pakistan amounted to $724 per ton.
From February 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia
After three years of growth, purchases abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -17.9% to 44K tons in 2022. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of 54K tons, and then dropped sharply in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $52M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +62.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 22.8 | 16.0 | 23.1 | 25.8 | 4.2% |
| South Korea | 7.5 | 9.3 | 17.0 | 18.8 | 35.8% |
| Taiwan (Chinese) | 5.6 | 5.3 | 7.8 | 4.4 | -7.7% |
| Thailand | 0.3 | 0.2 | 1.5 | 3.0 | 115.4% |
| China | 2.5 | 1.2 | 2.3 | 0.3 | -50.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 38.6 | 32.1 | 51.7 | 52.3 | 10.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Indonesia in 2022:
- Japan (21.4K tons)
- South Korea (16.3K tons)
- Taiwan (Chinese) (3.9K tons)
- Thailand (2.5K tons)
- China (0.4K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia
Exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Indonesia contracted dramatically to 13K tons in 2022, declining by -18% compared with 2021 figures. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides fell sharply to $11M in 2022. Over the period under review, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.7 | 8.9 | 12.9 | 10.1 | -20.0% |
| Pakistan | 0.2 | N/A | 0.4 | 0.7 | 51.8% |
| Bangladesh | 0.4 | 0.2 | 0.5 | 0.4 | 0.0% |
| Saudi Arabia | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Others | N/A | 0.2 | 0.5 | 0.1 | -29.3% |
| Total | 20.9 | 9.6 | 14.2 | 11.2 | -18.8% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Indonesia in 2022:
- India (12.3K tons)
- Pakistan (0.5K tons)
- Bangladesh (0.4K tons)
355
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Indonesia.
534
This report provides an in-depth analysis of the polycarboxylic acid market in Indonesia.
89
This report provides an in-depth analysis of the market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts in Indonesia.
416
This report provides an in-depth analysis of the maleic anhydride market in Indonesia.
278
This report provides an in-depth analysis of the orthophthalic acid esters market in Indonesia.
274
This report provides an in-depth analysis of the market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Indonesia.
491
This report provides an in-depth analysis of the adipic acid market in Indonesia.
526
This report provides an in-depth analysis of the global market for phthalic anhydride and terephthalic acid.
1047
This report provides an in-depth analysis of the global polycarboxylic acid market.
86
This report provides an in-depth analysis of the global market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts.
157
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
177
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
107
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
166
Explore the top import markets for Polycarboxylic Acid in 2023, including Turkey, India, the United States, and more. Learn about the key statistics and trends driving the global demand for this essential chemical compound.
815
The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....
1212
Global polycarboxylic acid imports totaled X tons in 2016, descending by -X% against the previous year level. In general, polycarboxylic acid imports continue to indicate a pronounced curtailmen...
151
Discover the latest insights on the global market for adipic acid, its salts, and esters, with projections showing a steady increase in consumption over the next seven years. Market performance is expected to accelerate, reaching a volume of 6.8M tons and a value of $15.6B by the end of 2030.
157
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
177
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
107
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
