Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Libya - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Libya (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Libya

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

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,505 per ton in 2022, picking up by 17% against the previous year. Overall, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. The import price peaked at $1,777 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 country with the highest price was Italy ($1,509 per ton), while the price for South Korea amounted to $1,221 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by 0% to 20 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $30K in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. As a result, imports attained the peak of $56K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy37.554.625.429.7-7.5%
South Korea1.01.80.30.4-26.3%
OthersN/AN/AN/AN/A0%
Total38.656.425.730.1-8.0%

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

  1. Italy (19.7 tons)
  2. South Korea (0.3 tons)

Source: IndexBox Market Intelligence Platform

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