Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain (CIF) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain (FOB) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain (CIF) - 2023
In September 2023, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,393 per ton, almost unchanged from the previous month. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 20% against the previous month. The import price peaked at $2,898 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($3,725 per ton), while the price for India ($1,602 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 Belgium (+19.2%), 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 Spain (FOB) - 2023
In September 2023, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,389 per ton, picking up by 27% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $3,669 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($3,615 per ton), while the average price for exports to Italy ($1,918 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain
In 2022, approx. 5.5K tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were imported into Spain; increasing by 20% on 2021 figures. Over the period under review, imports, however, continue to indicate a slight contraction.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $13M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.0 | 3.4 | 5.3 | 6.2 | 27.4% |
| Mexico | 0.6 | 0.5 | 1.1 | 4.7 | 98.6% |
| Netherlands | 2.3 | 1.4 | 0.9 | 1.0 | -24.2% |
| Italy | 0.6 | 0.5 | 0.5 | 0.7 | 5.3% |
| South Korea | 2.4 | 0.7 | N/A | N/A | -70.8% |
| Others | 0.6 | 0.7 | 0.5 | 0.4 | -12.6% |
| Total | 9.6 | 7.1 | 8.3 | 13.1 | 10.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Spain in 2022:
- India (3.3K tons)
- Mexico (1.5K tons)
- Netherlands (0.4K tons)
- Italy (0.2K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Spain
In 2022, approx. 1.7K tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were exported from Spain; jumping by 66% against the previous year's figure. In general, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $4.7M in 2022. Over the period under review, exports posted significant growth. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 570 | 618 | 1,037 | 1,510 | 38.4% |
| Romania | N/A | 1.2 | N/A | 833 | 2534.7% |
| Italy | 829 | 489 | 518 | 692 | -5.8% |
| Tunisia | 8.3 | 65.3 | 10.7 | 579 | 311.7% |
| Germany | 385 | 272 | 290 | 222 | -16.8% |
| United Kingdom | 135 | 191 | 26.4 | 181 | 10.3% |
| Latvia | 92.6 | 14.0 | 72.2 | 158 | 19.5% |
| India | 30.1 | 4.3 | N/A | 115 | 56.3% |
| Others | 272 | 471 | 463 | 433 | 16.8% |
| Total | 2,323 | 2,125 | 2,417 | 4,722 | 26.7% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Spain in 2022:
- France (627.5 tons)
- Italy (316.5 tons)
- Romania (253.6 tons)
- Tunisia (177.8 tons)
- Latvia (84.0 tons)
- United Kingdom (75.3 tons)
- India (36.1 tons)
- Germany (26.0 tons)
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