Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in South Africa - 2023

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $18,313 per ton in 2022, increasing by 118% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 220%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,774 per ton), while the price for Denmark totaled $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $11,000 per ton in 2022, with a decrease of -12.2% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 77%. Over the period under review, the average export prices hit record highs at $19,048 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($21,000 per ton), while the average price for exports to Zambia totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in South Africa

For the third consecutive year, South Africa recorded decline in overseas purchases of acids; aromatic polycarboxylic acids; dimethyl terephthalates, which decreased by -89.3% to 32 kg in 2022. Overall, imports saw a sharp shrinkage. The smallest decline of -44.6% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates fell notably to $586 in 2022. In general, imports showed a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year.

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

1. Germany (31.0 kg)
2. Denmark (1.0 kg)

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in South Africa

For the third consecutive year, South Africa recorded decline in shipments abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates, which decreased by -91.3% to 2 kg in 2022. In general, exports continue to indicate a dramatic downturn. The smallest decline of -45.7% was in 2020.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates declined remarkably to $22 in 2022. Over the period under review, exports recorded a significant contraction. The smallest decline of -37.6% was in 2020.

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

1. Zambia (1.0 kg)
2. Botswana (1.0 kg)

Source: IndexBox Market Intelligence Platform