Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria
4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,324 per ton in 2022, rising by 14% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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; other esters of orthophthalic acidses increased by +45.7% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($4,143 per ton) and Italy ($3,654 per ton), while the price for the Netherlands ($2,826 per ton) and Germany ($3,148 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $8,546 per ton, falling by -6.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the maximum at $11,627 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,631 per ton), while the average price for exports to Brazil amounted to $7,278 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria

In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses imported into Austria expanded rapidly to 254 tons, growing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, imports attained the peak of 272 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $845K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Austria in 2022:

1. Italy (101.3 tons)
2. Turkey (80.0 tons)
3. Germany (48.9 tons)
4. Netherlands (24.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Austria

In 2022, approx. 11 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were exported from Austria; which is down by -13.5% compared with 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of 13 tons, and then fell in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted notably to $97K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $121K, and then shrank notably in the following year.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Austria in 2022:

1. China (10.9 tons)
2. Brazil (0.4 tons)

Source: IndexBox Market Intelligence Platform