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

Contents:

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

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,388 per ton, surging by 30% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +60.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($5,769 per ton), while the price for China ($2,351 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.9%), 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 Serbia (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,698 per ton, picking up by 5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($2,727 per ton), while the average price for exports to Turkey stood at $2,690 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+0.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses imported into Serbia shrank to 358 tons, waning by -7.8% against 2021. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 13%.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $1.2M in 2022. Overall, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7876317081,04910.1%
ChinaN/AN/A80.912149.6%
Turkey11.530.915121.122.4%
NetherlandsN/AN/AN/A21.00%
India20.350.80.10.4-73.0%
Germany4351.60.90.3-91.2%
SloveniaN/A47.919.0N/A-60.3%
Czech Republic93.9N/A52.9N/A-24.9%
Others0.40.10.80.40.0%
Total1,3487631,0131,213-3.5%

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

  1. Italy (291.3 tons)
  2. China (51.3 tons)
  3. Turkey (7.8 tons)
  4. Netherlands (7.4 tons)
  5. India (0.2 tons)
  6. Germany (0.1 tons)

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

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -91.3% to 53 kg, falling for the second consecutive year after two years of growth. In general, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 376%. As a result, the exports attained the peak of 5.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined sharply to $143 in 2022. Overall, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 494%. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A0.10%
Bosnia and HerzegovinaN/A0.11.1N/A1000.0%
North MacedoniaN/A12.80.4N/A-96.9%
Montenegro0.10.2N/AN/A100.0%
Ukraine2.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.213.11.60.1-64.3%

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

  1. Turkey (42.0 kg)
  2. Montenegro (11.0 kg)

Source: IndexBox Market Intelligence Platform

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