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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (CIF) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (FOB) - 2023
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (CIF) - 2024

In September 2023, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,289 per ton, approximately reflecting the previous month. Overall, the import price saw a mild downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 9.4% against the previous month. The import price peaked at $1,479 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Turkey ($1,289 per ton) and South Korea ($1,144 per ton), while the price for Belarus ($946 per ton) and Taiwan (Chinese) ($1,033 per ton) were amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (FOB) - 2023

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,420 per ton in August 2023, picking up by 1.6% against the previous month. Over the period under review, the export price, however, saw a slight curtailment. The growth pace was the most rapid in April 2023 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $1,684 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In August 2023, the highest price was recorded for prices to the Netherlands ($1,579 per ton) and Slovenia ($1,547 per ton), while the average price for exports to the Czech Republic ($1,338 per ton) and Germany ($1,356 per ton) were amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -4.2% to 31K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of 32K tons, and then contracted modestly in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $45M in 2022. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria6.16.05.010.519.8%
South Korea0.71.91.810.0142.6%
Czech Republic6.35.24.16.40.5%
Russia5.85.512.26.11.7%
TurkeyN/AN/AN/A4.90%
Belarus6.62.96.32.0-32.8%
Italy1.30.53.51.913.5%
BulgariaN/AN/AN/A1.70%
Others0.20.40.51.6100.0%
Total26.922.333.545.018.7%

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

  1. South Korea (7.2K tons)
  2. Austria (6.4K tons)
  3. Russia (4.9K tons)
  4. Czech Republic (4.3K tons)
  5. Turkey (3.2K tons)
  6. Belarus (1.7K tons)
  7. Italy (1.0K tons)
  8. Bulgaria (1.0K tons)

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

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -54.9% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of 2.4K tons, and then dropped remarkably in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides fell sharply to $1.8M in 2022. Over the period under review, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports reached the peak of $3.2M, and then reduced sharply in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6764261,007643-1.7%
Czech Republic21.6886135347152.3%
Croatia10897.145325132.5%
Slovenia50163.3219197-26.7%
LithuaniaN/AN/A228162-28.9%
AustriaN/AN/AN/A63.00%
LatviaN/AN/AN/A61.20%
Slovakia1661803212.5-75.3%
Germany328N/A224N/A-17.4%
United Kingdom51.0120N/AN/A135.3%
Others43.1N/A58666.515.6%
Total1,8951,7733,1721,794-1.8%

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

  1. Italy (373.6 tons)
  2. Czech Republic (213.2 tons)
  3. Croatia (162.4 tons)
  4. Slovenia (113.0 tons)
  5. Lithuania (104.4 tons)
  6. Austria (41.6 tons)
  7. Latvia (41.1 tons)
  8. Slovakia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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