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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine (CIF) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine (CIF) - 2024

In August 2023, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,453 per ton, approximately reflecting the previous month. Over the period under review, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 1.9% month-to-month. Over the period under review, average import prices attained the peak figure at $1,795 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($1,482 per ton), while the price for China ($1,289 per ton) was amongst the lowest.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (0.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $2,571 per ton, falling by -32.3% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $3,798 per ton, and then fell rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +11.3% per year.

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

In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Ukraine dropped markedly to 978 tons, which is down by -66.7% compared with the year before. Over the period under review, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year. As a result, imports reached the peak of 2.9K tons, and then shrank significantly in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped notably to $1.7M in 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of $3.5M, and then contracted remarkably in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria26043050779745.3%
Bulgaria0.122.648.45661682.1%
Belarus2,2481,6642,622274-50.4%
Russia51163.913624.9-63.5%
South KoreaN/A36.297.012.5-41.2%
Others1281041052.3-73.8%
Total3,1482,3203,5151,676-19.0%

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

  1. Austria (432.0 tons)
  2. Bulgaria (308.0 tons)
  3. Belarus (210.0 tons)
  4. Russia (20.0 tons)
  5. South Korea (7.0 tons)

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

Exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Ukraine dropped significantly to 28 kg in 2022, reducing by -93.6% on the year before. Over the period under review, exports continue to indicate a precipitous slump. The smallest decline of -80.7% was in 2021.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped dramatically to $72 in 2022. In general, exports faced a dramatic downturn. The smallest decline of -77.3% was in 2021.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ukraine (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
LatviaN/AN/A0.10%
Poland7.11.6N/A-77.5%
United States0.3N/AN/A0%
OthersN/AN/AN/A0%
Total7.41.70.1-88.4%

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

  1. Latvia (28.0 kg)

Source: IndexBox Market Intelligence Platform

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