Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar (CIF) - 2023
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar (CIF) - 2023

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,222 per ton in August 2023, falling by -1.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 19% m-o-m. Over the period under review, average import prices reached the peak figure at $1,499 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for India amounted to +2.7% per month.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar

In 2022, approx. 155 tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Qatar; picking up by 763% compared with the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $223K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Qatar (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
India23.5105346.8%
ChinaN/A81.20%
Taiwan (Chinese)N/A36.70%
OthersN/AN/A0%
Total23.5223848.9%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Qatar in 2022:

  1. India (72.0 tons)
  2. China (60.0 tons)
  3. Taiwan (Chinese) (23.4 tons)

Source: IndexBox Market Intelligence Platform

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