Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the UK - 2023

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $2,891 per ton in 2022, approximately mirroring the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates increased by +122.3% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 49% against the previous year. The import price peaked at $3,016 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.2% per year.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $1,367 per ton, waning by -74.9% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 179% against the previous year. The export price peaked at $12,489 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +35.9% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the UK

In 2022, approx. 6 tons of acids; aromatic polycarboxylic acids; dimethyl terephthalates were imported into the UK; increasing by 14% compared with the previous year. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 276%. As a result, imports reached the peak of 8.9 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates expanded sharply to $17K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 408%. As a result, imports attained the peak of $23K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Germany (6.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the UK

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates increased by 18,944% to 9.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp downturn.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $12K in 2022. Over the period under review, exports, however, saw a deep downturn.

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

1. Germany (9.1 tons)

Source: IndexBox Market Intelligence Platform