Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,314 per ton in 2022, with an increase of 35% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,403 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($1,571 per ton) and Italy ($1,327 per ton), while the price for the Netherlands ($1,248 per ton) and Belgium ($1,264 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -13% to 446 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of 10%.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $586K in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A14735734453.0%
ItalyN/A21.8N/A146158.8%
Germany71.925.141.037.7-19.4%
Belgium12159.198.929.1-37.8%
Netherlands9.85.8N/A28.743.1%
United Kingdom242156N/AN/A-35.5%
OthersN/AN/A1.5N/A0%
Total4454144995869.6%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Sweden in 2022:

  1. Spain (265.4 tons)
  2. Italy (110.3 tons)
  3. Germany (24.0 tons)
  4. Netherlands (23.0 tons)
  5. Belgium (23.0 tons)

Source: IndexBox Market Intelligence Platform

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