Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,482 per ton, increasing by 35% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $1,508 per ton in 2013; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($1,633 per ton) and the United States ($1,532 per ton), while the average price for exports to Portugal ($1,120 per ton) and Italy ($1,202 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,406 per ton, approximately reflecting the previous year. In general, the import price recorded a mild downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13% against the previous year. The import price peaked at $1,604 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.2% per year.
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -4.5% to 26K tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 8.7%. As a result, the exports attained the peak of 33K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $36M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 10.8 | 9.6 | 13.0 | 18.4 | 19.4% |
| Italy | 2.2 | 1.8 | 3.4 | 4.1 | 23.1% |
| United States | 6.4 | 6.3 | 3.0 | 3.0 | -22.3% |
| Canada | 2.4 | 1.4 | 2.3 | 2.4 | 0.0% |
| Spain | 1.1 | 0.5 | 1.6 | 2.1 | 24.1% |
| United Kingdom | 0.8 | 0.6 | 1.3 | 1.7 | 28.6% |
| Colombia | 0.2 | 0.3 | 1.7 | 1.5 | 95.7% |
| Portugal | 2.0 | 1.3 | 1.4 | 1.4 | -11.2% |
| Belgium | 0.9 | 0.9 | 1.2 | 1.3 | 13.0% |
| Brazil | 1.9 | 1.2 | 0.2 | N/A | -67.6% |
| Others | 2.0 | 1.4 | 1.0 | 0.4 | -41.5% |
| Total | 30.8 | 25.2 | 30.0 | 36.4 | 5.7% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Israel in 2022:
- Turkey (13.2K tons)
- Italy (3.4K tons)
- United States (2.0K tons)
- Canada (1.6K tons)
- Spain (1.4K tons)
- Portugal (1.2K tons)
- United Kingdom (1.1K tons)
- Colombia (1.0K tons)
- Belgium (0.8K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel
In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by 0% to 58 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of 126 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 totaled $82K in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 7.1%. As a result, imports reached the peak of $106K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 51.0 | 91.0 | N/A | 81.0 | 16.7% |
| Germany | N/A | 15.0 | N/A | 1.0 | -74.2% |
| Turkey | 48.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 99.0 | 106 | N/A | 82.0 | -6.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Israel in 2022:
- India (57.6 tons)
- Germany (0.7 tons)
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