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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus (FOB) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus (FOB) - 2022

In April 2021, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,011 per ton, surging by 14% against the previous month. Over the last three months, it increased at an average monthly rate of +12.2%. The most prominent rate of growth was recorded in March 2021 an increase of 14% m-o-m. The export price peaked in April 2021.

Average prices varied noticeably for the major export markets. In April 2021, the countries with the highest prices were Ukraine ($1,139 per ton) and Nigeria ($1,079 per ton), while the average price for exports to Poland ($923 per ton) and Germany ($956 per ton) were amongst the lowest.

From January 2021 to April 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,377 per ton, surging by 5.1% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15%. The import price peaked at $1,699 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($2,087 per ton), while the price for Russia stood at $788 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus

In 2022, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Belarus dropped notably to 13K tons, which is down by -68.1% against the previous year. Over the period under review, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, the exports reached the peak of 40K tons, and then shrank remarkably in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped rapidly to $16M in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. As a result, the exports attained the peak of $43M, and then fell remarkably in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.56.715.06.0-25.5%
Turkey1.42.09.64.749.7%
Egypt1.11.21.90.8-10.1%
Lithuania0.10.20.50.8100.0%
Poland6.22.26.40.8-49.5%
Germany1.20.61.80.4-30.7%
Brazil0.90.70.30.3-30.7%
India0.40.90.60.3-9.1%
Ukraine2.21.72.60.1-64.3%
Others4.32.74.11.7-26.6%
Total32.418.943.015.8-21.3%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Belarus in 2022:

  1. Russia (4.8K tons)
  2. Turkey (3.4K tons)
  3. Lithuania (1.1K tons)
  4. Egypt (0.6K tons)
  5. Poland (0.6K tons)
  6. Brazil (0.3K tons)
  7. India (0.3K tons)
  8. Germany (0.3K tons)
  9. Ukraine (0.1K tons)

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

In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Belarus shrank to 4.3 tons, falling by -10.5% compared with 2021. Overall, imports faced a abrupt shrinkage. The smallest decline of -10.2% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides reduced to $5.9K in 2022. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -5.8% was in 2021.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.76.44.83.913.0%
Russia4.3N/A1.21.9-23.8%
Others0.10.20.30.226.0%
Total7.16.76.35.9-6.0%

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

  1. Russia (2.4 tons)
  2. Poland (1.8 tons)

Source: IndexBox Market Intelligence Platform

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