Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Ethiopia - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Ethiopia (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Ethiopia

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,515 per ton, falling by -10.2% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. The import price peaked at $2,014 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($1,772 per ton) and Taiwan (Chinese) ($1,630 per ton), while the price for China ($1,271 per ton) and South Korea ($1,496 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -1.2% to 3.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, imports attained the peak of 9.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses declined to $5.4M in 2022. In general, imports faced a deep setback. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea7.59.55.34.0-18.9%
VietnamN/A0.10.10.8182.8%
China0.50.80.50.4-7.2%
Taiwan (Chinese)1.91.30.10.1-62.5%
Saudi ArabiaN/A0.60.1N/A-83.3%
OthersN/AN/AN/A0.10%
Total9.912.36.15.4-18.3%

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

  1. South Korea (2644.3 tons)
  2. Vietnam (461.5 tons)
  3. China (300.9 tons)
  4. Taiwan (Chinese) (71.5 tons)
  5. Saudi Arabia (28.2 tons)

Source: IndexBox Market Intelligence Platform

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