Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,611 per ton, rising by 25% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 43%. The import price peaked at $1,786 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,726 per ton), while the price for India ($1,602 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia
For the third year in a row, Ethiopia recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides, which decreased by -20.8% to 307 tons in 2022. Over the period under review, imports faced a abrupt slump. The smallest decline of -0.1% was in 2020.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides contracted modestly to $495K in 2022. In general, imports continue to indicate a slight descent. The smallest decline of -1.1% was in 2021.
Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 114 | 75.7 | 181 | 275 | 34.1% |
India | 215 | 121 | 97.2 | 192 | -3.7% |
China | 84.1 | 309 | 208 | 27.6 | -31.0% |
Taiwan (Chinese) | 104 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 13.7 | N/A | 0% |
Total | 518 | 506 | 500 | 495 | -1.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Ethiopia in 2022:
- South Korea (171.0 tons)
- India (120.0 tons)
- China (16.0 tons)
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