Belgium - 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 Belgium - 2023
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Belgium (FOB) - 2022
- Price for Phthalic Anhydride and Terephthalic Acid in Belgium (CIF) - 2022
- Exports of Phthalic Anhydride and Terephthalic Acid in Belgium
- Imports of Phthalic Anhydride and Terephthalic Acid in Belgium
Price for Phthalic Anhydride and Terephthalic Acid in Belgium (FOB) - 2022
In 2022, the average export price for phthalic anhydride, terephthalic acid and its salts amounted to $1,214 per ton, with an increase of 33% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phthalic anhydride and terephthalic acid export price increased by +68.1% against 2016 indices. Over the period under review, the average export prices hit record highs at $1,272 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,445 per ton), while the average price for exports to Lithuania ($756 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 France (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phthalic Anhydride and Terephthalic Acid in Belgium (CIF) - 2022
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $1,379 per ton in 2022, surging by 55% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($1,814 per ton), while the price for China ($619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phthalic Anhydride and Terephthalic Acid in Belgium
In 2022, approx. 632K tons of phthalic anhydride, terephthalic acid and its salts were exported from Belgium; reducing by -27.5% against the previous year's figure. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year.
In value terms, phthalic anhydride and terephthalic acid exports contracted modestly to $767M in 2022. Over the period under review, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year.
| Export of Phthalic Anhydride and Terephthalic Acid in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 238 | 155 | 202 | 244 | 0.8% |
| Netherlands | 68.2 | 46.1 | 76.8 | 111 | 17.6% |
| Italy | 53.7 | 37.9 | 66.5 | 106 | 25.4% |
| Turkey | 123 | 122 | 179 | 101 | -6.4% |
| France | 36.6 | 25.0 | 31.3 | 57.7 | 16.4% |
| Spain | 51.0 | 17.0 | 51.2 | 43.9 | -4.9% |
| Greece | 14.8 | 8.0 | 26.1 | 38.6 | 37.6% |
| United Kingdom | 104 | 42.6 | 18.4 | 21.2 | -41.1% |
| India | 69.7 | 29.9 | N/A | N/A | -57.1% |
| Others | 58.6 | 87.0 | 144 | 41.8 | -10.7% |
| Total | 818 | 571 | 795 | 767 | -2.1% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Belgium in 2022:
- India (undefinedK tons)
- Germany (199.3K tons)
- Turkey (102.6K tons)
- Italy (88.1K tons)
- Netherlands (77.1K tons)
- France (45.2K tons)
- Spain (38.8K tons)
- Greece (33.0K tons)
- United Kingdom (19.5K tons)
Imports of Phthalic Anhydride and Terephthalic Acid in Belgium
In 2022, supplies from abroad of phthalic anhydride, terephthalic acid and its salts decreased by -33% to 23K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. As a result, imports attained the peak of 34K tons, and then shrank remarkably in the following year.
In value terms, phthalic anhydride and terephthalic acid imports totaled $31M in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 153%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Phthalic Anhydride and Terephthalic Acid in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 4.7 | N/A | 11.0 | 53.0% |
| Netherlands | 0.4 | 0.1 | 5.6 | 7.7 | 168.0% |
| Portugal | 5.2 | 1.7 | N/A | 4.3 | -6.1% |
| Spain | 3.6 | 2.4 | 2.6 | 2.6 | -10.3% |
| Israel | 0.1 | 1.0 | 1.1 | 1.7 | 157.1% |
| China | N/A | N/A | 13.1 | 1.4 | -89.3% |
| Austria | 0.8 | 0.2 | 0.7 | 0.6 | -9.1% |
| Germany | 0.6 | 0.7 | 0.5 | 0.6 | 0.0% |
| South Korea | N/A | 1.2 | 0.2 | 0.5 | -35.5% |
| Others | 0.1 | N/A | 6.4 | 1.2 | 128.9% |
| Total | 10.8 | 12.0 | 30.3 | 31.4 | 42.7% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Belgium in 2022:
- Poland (7.3K tons)
- Netherlands (4.5K tons)
- Portugal (3.2K tons)
- China (2.3K tons)
- Spain (2.2K tons)
- Israel (0.9K tons)
- Germany (0.6K tons)
- South Korea (0.5K tons)
- Austria (0.3K tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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