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

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,129 per ton in 2022, picking up by 29% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +46.4% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 32%. The import price peaked 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 Japan ($5,489 per ton), while the price for India ($2,085 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.8%), 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 the UK (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $6,659 per ton, surging by 21% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 44%. As a result, the export price reached the peak level of $8,916 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($23,090 per ton), while the average price for exports to Switzerland ($1,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the UK

In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses imported into the UK fell significantly to 2K tons, declining by -35.7% on the previous year. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted remarkably to $6.1M in 2022. In general, imports saw a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, imports reached the peak of $7.4M, and then plummeted in the following year.

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

1. Italy (1116.1 tons)
2. India (490.4 tons)
3. Turkey (182.0 tons)
4. Japan (84.4 tons)
5. Netherlands (72.5 tons)
6. Germany (3.8 tons)
7. Spain (0.6 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the UK

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -39.7% to 47 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 93 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell remarkably to $315K in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $537K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Ghana (8.0 tons)
2. Colombia (6.6 tons)
3. Spain (5.9 tons)
4. Switzerland (5.3 tons)
5. France (3.4 tons)
6. Denmark (3.1 tons)
7. Brazil (2.4 tons)
8. Ireland (2.4 tons)
9. Turkey (2.0 tons)
10. India (1.5 tons)
11. Jordan (1.3 tons)
12. South Africa (1.0 tons)
13. Poland (1.0 tons)

Source: IndexBox Market Intelligence Platform