Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,727 per ton in 2022, which is down by -23% against the previous year. Over the period under review, the import price, however, showed a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 8%. The import price peaked at $2,244 per ton in 2021, and then declined dramatically in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for China amounted to +8.7% per year.

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $4,800 per ton in 2022, falling by -36% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 96%. The export price peaked at $9,944 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($5,500 per ton), while the average price for exports to New Zealand amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-11.3%).

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia

In 2022, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates into Australia surged to 63 tons, rising by 50% on the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +50.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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; dimethyl terephthalates surged to $109K in 2022. The total import value increased at an average annual rate of +15.4% from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Australia in 2022:

1. China (63.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Australia

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dimethyl terephthalates were finally on the rise to reach 5 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp descent.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates contracted markedly to $24 in 2022. Overall, exports, however, recorded a precipitous slump.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Australia in 2022:

1. Thailand (2.0 kg)
2. New Zealand (1.0 kg)

Source: IndexBox Market Intelligence Platform