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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal (CIF) - 2023
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal (CIF) - 2023

In September 2023, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,286 per ton, approximately equating the previous month. Over the period under review, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in March 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $3,655 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,633 per ton), while the price for the Netherlands ($2,397 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,772 per ton in 2022, rising by 3.6% against the previous year. Over the period under review, the export price enjoyed slight growth. The pace of growth was the most pronounced in 2016 an increase of 60%. The export price peaked at $3,667 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($3,434 per ton), while the average price for exports to Spain totaled $1,819 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses imported into Portugal reduced remarkably to 1.9K tons, dropping by -33.1% compared with 2021. In general, imports faced a drastic downturn. The smallest decline of -3.6% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses shrank rapidly to $6.2M in 2022. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.44.95.13.2-16.0%
Spain0.40.10.31.658.7%
Netherlands1.10.91.41.10.0%
Mexico0.1N/AN/A0.226.0%
South Korea0.50.50.50.1-41.5%
Germany0.20.10.1N/A-29.3%
Others0.1N/AN/AN/A0%
Total7.96.67.46.2-7.8%

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

  1. Italy (849.4 tons)
  2. Spain (515.9 tons)
  3. Netherlands (428.3 tons)
  4. South Korea (63.0 tons)
  5. Mexico (60.3 tons)
  6. Germany (1.2 tons)

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

After three years of growth, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -89.8% to 2.3 tons in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 5,689%.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell notably to $6.5K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,818% against the previous year.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GhanaN/AN/AN/A3.60%
SpainN/A0.6N/A2.395.8%
MoroccoN/AN/A60.8N/A0%
MexicoN/A1.8N/AN/A0%
OthersN/AN/A0.10.6500.0%
TotalN/A2.461.06.564.6%

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

  1. Spain (1250.0 kg)
  2. Ghana (1050.0 kg)

Source: IndexBox Market Intelligence Platform

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