Australia - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Australia - 2023
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Australia (CIF) - 2023
- Price for Phthalic Anhydride and Terephthalic Acid in Australia (FOB) - 2022
- Imports of Phthalic Anhydride and Terephthalic Acid in Australia
- Exports of Phthalic Anhydride and Terephthalic Acid in Australia
Price for Phthalic Anhydride and Terephthalic Acid in Australia (CIF) - 2023
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $1,030 per ton in August 2023, which is down by -15.1% against the previous month. In general, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in April 2023 an increase of 18% m-o-m. Over the period under review, average import prices attained the maximum at $1,484 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($1,089 per ton), while the price for China ($919 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Phthalic Anhydride and Terephthalic Acid in Australia (FOB) - 2022
The average export price for phthalic anhydride, terephthalic acid and its salts stood at $3,278 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the export price recorded a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 687%. Over the period under review, the average export prices attained the maximum at $4,704 per ton in 2020; however, from 2021 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 New Caledonia ($6,348 per ton), while the average price for exports to New Zealand amounted to $2,928 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+6.0%).
Imports of Phthalic Anhydride and Terephthalic Acid in Australia
In 2022, overseas purchases of phthalic anhydride, terephthalic acid and its salts decreased by -14.1% to 8.4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 9.7%.
In value terms, phthalic anhydride and terephthalic acid imports rose slightly to $12M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Phthalic Anhydride and Terephthalic Acid in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 3.3 | 4.3 | 9.0 | 7.5 | 31.5% |
South Korea | 3.8 | 2.2 | 1.5 | 2.9 | -8.6% |
China | 0.3 | 0.2 | 0.5 | 0.8 | 38.7% |
Thailand | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 7.8 | 7.0 | 11.3 | 11.6 | 14.1% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Australia in 2022:
- Taiwan (Chinese) (5.4K tons)
- South Korea (2.0K tons)
- China (0.6K tons)
- Thailand (0.4K tons)
Exports of Phthalic Anhydride and Terephthalic Acid in Australia
In 2022, the amount of phthalic anhydride, terephthalic acid and its salts exported from Australia soared to 10 tons, picking up by 11,695% on the year before. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, phthalic anhydride and terephthalic acid exports soared to $33K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Phthalic Anhydride and Terephthalic Acid in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 0.1 | 0.6 | 0.2 | 26.7 | 543.9% |
New Caledonia | N/A | N/A | N/A | 6.6 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.1 | 0.6 | 0.2 | 33.3 | 593.1% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Australia in 2022:
- New Zealand (9.1 tons)
- New Caledonia (1.0 tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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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.
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