Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $1,411 per ton, surging by 27% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $1,445 per ton in 2013; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,416 per ton), while the price for Turkey totaled $1,312 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%).
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy
After three years of growth, overseas purchases of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -2% to 7.2K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. As a result, imports reached the peak of 7.4K tons, and then fell slightly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $10M in 2022. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 72%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 4.4 | 7.0 | 9.5 | 17.2% |
| Turkey | 0.1 | 0.1 | 0.6 | 0.6 | 81.7% |
| South Korea | 0.5 | 0.3 | 0.6 | 0.1 | -41.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.7 | 4.8 | 8.2 | 10.2 | 15.0% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Italy in 2022:
- Germany (6.7K tons)
- Turkey (0.4K tons)
- South Korea (0.1K tons)
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