Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia (CIF) - 2023
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia (CIF) - 2023

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,644 per ton in August 2023, surging by 2.4% against the previous month. Over the period under review, the import price, however, continues to indicate a slight downturn. The growth pace was the most rapid in April 2023 an increase of 4.5% m-o-m. Over the period under review, average import prices attained the peak figure at $1,847 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($1,685 per ton), while the price for Poland ($1,375 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2020, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $868 per ton, declining by -5.8% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 36% against the previous year. The export price peaked at $1,885 per ton in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2020, the rate of growth in terms of prices for France amounted to +22.0% per year.

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

In 2022, approx. 2.8K tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Croatia; shrinking by -20.4% against the year before. In general, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of 3.5K tons, and then shrank dramatically in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides expanded significantly to $4.6M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,6521,2161,6582,51015.0%
Czech Republic1,6441,3651,4571,413-4.9%
Germany0.10.14633951480.8%
Poland10397.838825435.1%
Others14643.611277.9-18.9%
Total3,5452,7234,0784,6509.5%

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

  1. Austria (1470.4 tons)
  2. Czech Republic (886.4 tons)
  3. Germany (202.9 tons)
  4. Poland (163.3 tons)

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

In 2020, the amount of acids; aromatic polycarboxylic acids; phthalic anhydrides exported from Croatia reduced remarkably to 3 kg, dropping by 99.9% compared with the year before. In general, exports showed a significant decline.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides shrank significantly to $45 in 2020. Over the period under review, exports recorded a dramatic slump.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Croatia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Bosnia and HerzegovinaN/AN/A0%
Slovenia61.0N/A0%
United Kingdom10.0N/A0%
OthersN/AN/A0%
Total71.0N/A0%

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

  1. Bosnia and Herzegovina (3.0 kg)

Source: IndexBox Market Intelligence Platform

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