Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Ireland - 2024

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $25,332 per ton in 2022, picking up by 13% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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; phthalic anhydrides increased by +50.3% against 2014 indices. The growth pace was the most rapid in 2014 an increase of 28%. 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 the United States ($50,429 per ton), while the price for the UK ($18,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $33,867 per ton, which is down by -14.6% against the previous year. In general, the export price saw a abrupt slump. Over the period under review, the average export prices reached the peak figure at $39,639 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($166,000 per ton), while the average price for exports to the Czech Republic stood at $3,000 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+163.5%).

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides, when their volume decreased by -19.7% to 122 kg. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped to $3K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +53.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.

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

1. United Kingdom (95.0 kg)
2. United States (21.0 kg)
3. Germany (4.0 kg)
4. China (2.0 kg)

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

In 2022, the amount of acids; aromatic polycarboxylic acids; phthalic anhydrides exported from Ireland reduced rapidly to 2 kg, falling by -50% against the year before. Over the period under review, exports continue to indicate a significant contraction.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides expanded rapidly to $169 in 2022. The total export value increased at an average annual rate of +6.3% from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (1.0 kg)
2. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform