Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sweden (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | 147 | 357 | 344 | 53.0% |
Italy | N/A | 21.8 | N/A | 146 | 158.8% |
Germany | 71.9 | 25.1 | 41.0 | 37.7 | -19.4% |
Belgium | 121 | 59.1 | 98.9 | 29.1 | -37.8% |
Netherlands | 9.8 | 5.8 | N/A | 28.7 | 43.1% |
United Kingdom | 242 | 156 | N/A | N/A | -35.5% |
Others | N/A | N/A | 1.5 | N/A | 0% |
Total | 445 | 414 | 499 | 586 | 9.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Sweden in 2022:
- Spain (265.4 tons)
- Italy (110.3 tons)
- Germany (24.0 tons)
- Netherlands (23.0 tons)
- Belgium (23.0 tons)
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