Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,157 per ton in 2022, with a decrease of -7.2% against the previous year. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in 2018 when the average import price increased by 39%. As a result, import price attained the peak level of $2,058 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,481 per ton), while the price for South Korea ($510 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $369 per ton, which is down by -6.6% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs at $1,088 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($783 per ton), while the average price for exports to the United Arab Emirates ($47 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 India (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran
In 2022, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Iran dropped dramatically to 2.9K tons, shrinking by -70.3% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 148%. As a result, imports attained the peak of 9.8K tons, and then plummeted in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses declined dramatically to $3.4M in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 188%. As a result, imports reached the peak of $12M, and then dropped dramatically in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 1.1 | 2.3 | 1.7 | 24.3% |
| United Arab Emirates | 5.1 | 2.1 | 2.2 | 1.6 | -32.1% |
| South Korea | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Hong Kong SAR | N/A | 1.0 | 7.4 | N/A | 640.0% |
| Turkey | 3.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 8.9 | 4.2 | 12.2 | 3.4 | -27.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Iran in 2022:
- China (1692.6 tons)
- United Arab Emirates (1096.6 tons)
- South Korea (99.0 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran
In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses exported from Iran fell to 726 tons, declining by -14.6% compared with 2021 figures. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses declined rapidly to $268K in 2022. Overall, exports showed a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 492 | 131 | 303 | 248 | -20.4% |
| United Arab Emirates | 91.1 | 18.1 | 31.2 | 19.0 | -40.7% |
| Others | 2.3 | 0.5 | 1.8 | 1.1 | -21.8% |
| Total | 585 | 150 | 336 | 268 | -22.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Iran in 2022:
- United Arab Emirates (404.2 tons)
- India (316.3 tons)
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