Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Chile - 2024

Contents:

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

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $1,858 per ton, rising by 9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 59%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($2,157 per ton), while the average price for exports to Brazil totaled $1,850 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+1.9%).

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

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,381 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,692 per ton), while the price for South Korea ($2,264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by 61% to 3.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a perceptible decline.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $5.7M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.13.12.85.510.3%
ColombiaN/A0.10.40.241.4%
Others0.1N/A0.1N/A0.0%
Total4.23.23.25.710.7%

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

  1. Brazil (3.0K tons)
  2. Colombia (0.1K tons)

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

In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -24% to 467 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports attained the peak of 662 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses shrank to $1.1M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +55.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea50861143380616.6%
China53.417.753.984.216.4%
RussiaN/AN/AN/A63.00%
India46.665.634356.26.4%
United States30.799.184.547.715.8%
Brazil57.564.118141.5-10.3%
VietnamN/A66.098.2N/A48.8%
Others16.941.76.513.0-8.4%
Total7139651,2001,11216.0%

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

  1. South Korea (356.0 tons)
  2. China (36.9 tons)
  3. India (23.8 tons)
  4. Russia (20.0 tons)
  5. Brazil (16.9 tons)
  6. United States (12.9 tons)

Source: IndexBox Market Intelligence Platform

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