Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Switzerland - 2023

Contents:

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

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $5,287 per ton, with an increase of 100% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,371 per ton), while the price for South Korea ($1,121 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $26,321 per ton in 2022, declining by -1.9% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 491% against the previous year. The export price peaked at $43,865 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($46,792 per ton), while the average price for exports to Germany ($22,976 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 the United States (+2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 16 tons of acids; aromatic polycarboxylic acids; dimethyl terephthalates were imported into Switzerland; with an increase of 95% against the year before. Over the period under review, imports, however, showed a sharp reduction.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $87K in 2022. In general, imports, however, showed a deep reduction.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.23.6N/A42.4496.3%
Germany0.14.71.921.2496.3%
France1.70.2N/A17.1115.9%
Hungary8.417.68.04.2-20.6%
South KoreaN/AN/AN/A0.60%
Japan4.40.11.4N/A-43.6%
Turkey83.8166N/AN/A98.1%
Others3.12.911.01.3-25.1%
Total10219522.386.9-5.2%

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

  1. France (6.3 tons)
  2. Hungary (3.5 tons)
  3. Germany (3.2 tons)
  4. China (2.8 tons)
  5. South Korea (0.6 tons)

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

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -10.5% to 349 kg, falling for the second year in a row after two years of growth. Overall, exports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2020 when exports increased by 726%. As a result, the exports attained the peak of 2.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates dropped to $9.2K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.46.18.16.8-2.8%
United States1.24.22.42.222.4%
FranceN/AN/AN/A0.20%
CanadaN/A1.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.612.210.59.22.3%

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

  1. Germany (295.0 kg)
  2. United States (48.0 kg)
  3. France (6.0 kg)

Source: IndexBox Market Intelligence Platform

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