Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $1,663 per ton, with a decrease of -7.7% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 28%. Over the period under review, average import prices attained the maximum at $2,358 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($5,347 per ton), while the price for Taiwan (Chinese) ($1,076 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+53.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka
After three years of growth, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -43.7% to 553 tons in 2022. Over the period under review, imports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports reached the peak of 983 tons, and then declined remarkably in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses reduced markedly to $920K in 2022. Overall, imports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $1.8M, and then declined remarkably in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 613 | 611 | 1,175 | 639 | 1.4% |
| Belgium | 21.0 | 101 | 148 | 132 | 84.6% |
| Singapore | 100 | 197 | 305 | 31.0 | -32.3% |
| Taiwan (Chinese) | 12.8 | 51.2 | 24.5 | 28.4 | 30.4% |
| Turkey | N/A | N/A | 20.3 | 28.0 | 37.9% |
| South Korea | 8.7 | 6.7 | 19.4 | 27.5 | 46.8% |
| Others | 56.9 | 3.9 | 76.9 | 34.9 | -15.0% |
| Total | 813 | 971 | 1,770 | 920 | 4.2% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Sri Lanka in 2022:
- India (456.3 tons)
- Belgium (33.5 tons)
- Taiwan (Chinese) (26.4 tons)
- South Korea (13.9 tons)
- Turkey (8.7 tons)
- Singapore (5.8 tons)
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