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

Contents:

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

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

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,247 per ton in 2022, growing by 5.1% against the previous year. In general, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2021 an increase of 43% against the previous year. The import price peaked at $1,604 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 South Korea ($1,524 per ton), while the price for Brazil ($722 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,758 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +9.8% per year.

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

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -56.9% to 2K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant decline. The growth pace was the most rapid in 2020 with an increase of 7.9%. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides declined dramatically to $2.5M in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $5.4M, and then shrank dramatically in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6627681,24798914.3%
Russia9591,4712,089640-12.6%
South Korea1,935892987412-40.3%
Belarus56.677.745819751.5%
Brazil456434380144-31.9%
Mexico44.261.110043.0-0.9%
Taiwan (Chinese)19.920.318.923.76.0%
Others61.365.410530.6-20.7%
Total4,1953,7895,3842,479-16.1%

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

  1. China (722.6 tons)
  2. Russia (470.6 tons)
  3. South Korea (270.3 tons)
  4. Belarus (205.4 tons)
  5. Brazil (198.9 tons)
  6. Mexico (40.9 tons)
  7. Taiwan (Chinese) (31.6 tons)

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

In 2022, approx. 33 tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were exported from Peru; picking up by 35% on 2021. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $58K in 2022. In general, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile36.625.638.457.816.5%
OthersN/AN/AN/AN/A0%
Total36.625.638.457.816.5%

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

  1. Chile (32.9 tons)

Source: IndexBox Market Intelligence Platform

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