Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia - 2024

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia (CIF) - 2024
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia (CIF) - 2024

In September 2023, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,343 per ton, increasing by 2.9% against the previous month. Over the period under review, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 4.1% month-to-month. Over the period under review, average import prices attained the peak figure at $1,489 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,500 per ton), while the price for South Korea ($1,238 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $2,208 per ton, with an increase of 30% against the previous year. In general, the export price, however, showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. The export price peaked at $80,353 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +0.3% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia

After three years of growth, purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -26.3% to 2.5K tons in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +5.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports attained the peak of 3.4K tons, and then declined dramatically in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses contracted markedly to $4.4M in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 142% against the previous year. As a result, imports attained the peak of $5.9M, and then dropped notably in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Australia in 2022:

1. China (2198.8 tons)
2. Taiwan (Chinese) (299.3 tons)
3. Vietnam (16.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Australia

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -84.4% to 504 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, the exports attained the peak of 3.2 tons, and then shrank significantly in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses fell sharply to $1.1K in 2022. Over the period under review, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 83% against the previous year. As a result, the exports attained the peak of $5.5K, and then shrank dramatically in the following year.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Australia in 2022:

1. New Zealand (504.0 kg)

Source: IndexBox Market Intelligence Platform