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

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Romania (CIF) - 2024
2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Romania (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Romania
4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Romania

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

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,563 per ton in August 2023, growing by 4% against the previous month. Over the period from January 2023 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $2,070 per ton. From March 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($1,678 per ton), while the price for Turkey amounted to $1,381 per ton.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,608 per ton in 2022, picking up by 21% against the previous year. In general, the export price recorded a slight increase. The pace of growth appeared the most rapid in 2021 an increase of 40%. The export price peaked at $2,345 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +1.6% per year.

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

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -28.7% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 6.5% against the previous year. As a result, imports attained the peak of 1.7K tons, and then contracted rapidly in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides contracted slightly to $2.1M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $2.1M, and then declined in the following year.

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

1. Austria (796.3 tons)
2. South Korea (369.9 tons)
3. Bulgaria (36.5 tons)
4. Turkey (22.5 tons)
5. Belarus (20.0 tons)
6. Germany (0.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of acids; aromatic polycarboxylic acids; phthalic anhydrides, when their volume decreased by -76.8% to 27 tons. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 521%. As a result, the exports reached the peak of 117 tons, and then fell rapidly in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides declined rapidly to $44K in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 767%. As a result, the exports attained the peak of $156K, and then shrank significantly in the following year.

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

1. Bulgaria (27.1 tons)

Source: IndexBox Market Intelligence Platform