Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $566 per ton in 2022, falling by -95.4% against the previous year. Over the period under review, the import price showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 77%. The import price peaked at $23,333 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania
In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses imported into Tanzania skyrocketed to 24 tons, increasing by 342,757% against 2021 figures. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $14K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 13.6 | 0% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 0.1 | 0.1 | 0.1 | 13.6 | 414.3% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Tanzania in 2022:
- Turkey (24.0 tons)
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Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
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