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

Contents:

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

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

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $724 per ton in 2022, remaining constant against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26% against the previous year. The export price peaked at $1,285 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 Taiwan (Chinese) ($2,366 per ton), while the average price for exports to China ($647 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 Taiwan (Chinese) (+5.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,933 per ton in 2022, increasing by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 an increase of 39%. As a result, import price attained the peak level of $2,316 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.7% per year.

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

Exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Iran stood at 1.1K tons in 2022, approximately reflecting the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 140%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates reached $800K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 89% against the previous year. As a result, the exports attained the peak of $812K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. China (983.7 tons)
2. India (73.7 tons)
3. Taiwan (Chinese) (48.1 tons)

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

Imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates into Iran contracted to 16 tons in 2022, which is down by -6.8% against the previous year's figure. Overall, imports saw a abrupt downturn.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates fell slightly to $31K in 2022. In general, imports continue to indicate a perceptible descent. The smallest decline of -4.2% was in 2020.

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

1. Turkey (16.2 tons)

Source: IndexBox Market Intelligence Platform