Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France (CIF) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France (CIF) - 2023
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $910 per ton in October 2023, reducing by -5.8% against the previous month. Overall, the import price saw a mild decrease. The pace of growth was the most pronounced in April 2023 an increase of 15% m-o-m. Over the period under review, average import prices reached the maximum at $1,185 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Mexico ($914 per ton), while the price for South Korea stood at $906 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,224 per ton in 2022, increasing by 92% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $2,321 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,403 per ton), while the average price for exports to Spain ($1,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.8%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France
In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses imported into France rose rapidly to 64K tons, growing by 7.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $72M in 2022. In general, imports saw a resilient increase. 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 France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.3 | 20.6 | 20.6 | 39.4 | 14.4% |
| Portugal | 16.3 | 11.5 | 20.2 | 26.8 | 18.0% |
| Poland | N/A | N/A | N/A | 2.9 | 0% |
| South Korea | 4.3 | 2.6 | 4.4 | 1.1 | -36.5% |
| Others | 0.4 | 0.8 | 2.9 | 1.5 | 55.4% |
| Total | 47.4 | 35.6 | 48.2 | 71.8 | 14.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to France in 2022:
- Belgium (34.7K tons)
- Portugal (25.1K tons)
- Poland (2.4K tons)
- South Korea (1.0K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France
After three years of growth, overseas shipments of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -95.3% to 25 tons in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 2,134% against the previous year.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses shrank rapidly to $31K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,317% against the previous year.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 27.2 | 0% |
| Spain | 9.6 | 144 | 288 | 1.9 | -41.7% |
| United Kingdom | 0.6 | N/A | 0.5 | 1.4 | 32.6% |
| Germany | N/A | N/A | 57.8 | N/A | 0% |
| Italy | N/A | 21.7 | N/A | N/A | 0% |
| Others | 1.5 | 0.2 | N/A | 0.4 | -35.6% |
| Total | 11.7 | 166 | 347 | 30.9 | 38.2% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from France in 2022:
- Turkey (22.2 tons)
- Spain (1.8 tons)
- United Kingdom (1.0 tons)
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