Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Egypt - 2023

Contents:

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

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Egypt (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $2,195 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 69%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($2,195 per ton) and Taiwan (Chinese) ($2,195 per ton), while the price for Malaysia ($2,195 per ton) and Thailand ($2,195 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $2,071 per ton, surging by 12% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2013 to 2022, the rate of growth in terms of prices for Syrian Arab Republic amounted to +1.9% per year.

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

For the third consecutive year, Egypt recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses, which decreased by -30.3% to 16K tons in 2022. In general, imports recorded a dramatic downturn. The smallest decline of -24.1% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses declined sharply to $36M in 2022. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 28%.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.86.715.310.781.1%
Vietnam0.93.39.19.3117.8%
China1.01.40.47.293.1%
Malaysia3.94.47.42.9-9.4%
South Korea7.14.20.62.9-25.8%
Taiwan (Chinese)21.07.98.41.9-55.1%
Thailand8.66.10.20.6-58.8%
Others4.02.04.90.7-44.1%
Total48.236.146.336.2-9.1%

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

  1. Turkey (4.9K tons)
  2. Vietnam (4.2K tons)
  3. China (3.3K tons)
  4. Malaysia (1.3K tons)
  5. South Korea (1.3K tons)
  6. Taiwan (Chinese) (0.9K tons)
  7. Thailand (0.3K tons)

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

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were finally on the rise to reach 53 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a significant curtailment.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses surged to $109K in 2022. Overall, exports, however, saw a noticeable decrease.

Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan120N/A1.1109-3.2%
Syrian Arab RepublicN/A38.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total12038.61.1109-3.2%

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

  1. Sudan (52.9 tons)

Source: IndexBox Market Intelligence Platform

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