Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,205 per ton, with an increase of 8.5% against the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked at $1,814 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Sweden ($1,880 per ton), while the price for Italy ($897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria

Imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Algeria rose to 3.4K tons in 2022, with an increase of 3.2% against the year before. Overall, imports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides expanded rapidly to $4.1M in 2022. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 192%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2921647801,64678.0%
South Korea56396.69011,09424.8%
Italy366272532353-1.2%
Bulgaria17024147331723.1%
Tunisia58.441.331021253.7%
Turkey354125243160-23.3%
China15072.5163125-5.9%
Others1,016238256190-42.8%
Total2,9701,2513,6594,09611.3%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Algeria in 2022:

  1. India (1331.0 tons)
  2. South Korea (861.7 tons)
  3. Italy (393.7 tons)
  4. Bulgaria (237.7 tons)
  5. Turkey (164.9 tons)
  6. Tunisia (148.6 tons)
  7. China (134.5 tons)

Source: IndexBox Market Intelligence Platform

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