Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (FOB) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,118 per ton, growing by 54% against the previous year. In general, the import price, however, saw a mild shrinkage. The import price peaked at $1,254 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,206 per ton), while the price for the United States ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (FOB) - 2023
In May 2023, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,017 per ton, picking up by 8.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,134 per ton in May 2022; however, from June 2022 to May 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From May 2022 to May 2023, the rate of growth in terms of prices for Argentina amounted to -0.9% per month.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil
For the fourth consecutive year, Brazil recorded growth in supplies from abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, which increased by 92% to 183K tons in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses soared to $205M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 27.0 | 57.1 | 60.6 | 151 | 77.5% |
| China | 0.1 | N/A | N/A | 51.2 | 700.0% |
| South Korea | 7.2 | 0.8 | 5.6 | 2.6 | -28.8% |
| Others | 4.1 | 0.7 | 3.0 | 0.3 | -58.2% |
| Total | 38.4 | 58.5 | 69.2 | 205 | 74.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Brazil in 2022:
- Mexico (137.9K tons)
- China (42.4K tons)
- South Korea (2.5K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil
In 2022, overseas shipments of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -54.4% to 9.4K tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 120% against the previous year. As a result, the exports attained the peak of 33K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses fell dramatically to $9.3M in 2022. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 40%.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 11.7 | 16.5 | 17.0 | 9.3 | -7.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.7 | 16.5 | 17.0 | 9.3 | -7.4% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Brazil in 2022:
- Argentina (9.4K tons)
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