Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (CIF) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (CIF) - 2023
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,084 per ton in August 2023, growing by 2.2% against the previous month. Overall, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 6.6% against the previous month. The import price peaked at $1,323 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($1,185 per ton), while the price for Poland ($1,057 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,370 per ton, picking up by 43% against the previous year. Over the period under review, the export price saw a temperate increase. The export price peaked at $2,885 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +63.1% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria
In 2022, approx. 3.5K tons of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses were imported into Austria; declining by -13.2% on the year before. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses rose rapidly to $4.2M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 +80.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,434 | 1,597 | 1,793 | 1,861 | -8.6% |
| Belgium | 261 | 238 | 570 | 874 | 49.6% |
| Italy | 264 | 197 | 278 | 803 | 44.9% |
| Spain | 436 | 190 | 400 | 613 | 12.0% |
| Germany | 312 | 56.1 | 483 | 0.1 | -93.2% |
| Others | 21.8 | 18.3 | 105 | N/A | 119.5% |
| Total | 3,728 | 2,296 | 3,630 | 4,152 | 3.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Austria in 2022:
- Poland (1643.9 tons)
- Belgium (725.0 tons)
- Italy (648.0 tons)
- Spain (471.1 tons)
- Germany (0.1 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria
Exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses from Austria skyrocketed to 220 tons in 2022, growing by 816% on 2021 figures. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 27,516% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses soared to $301K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 9,047%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | N/A | 301 | 0% | |
| Italy | N/A | 22.9 | N/A | 0% | |
| Others | 0.3 | N/A | N/A | 0% | |
| Total | 0.3 | 23.0 | 301 | 3067.5% | |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Austria in 2022:
- Germany (220.0 tons)
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