Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,506 per ton in 2022, picking up by 20% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 256%. As a result, import price attained the peak level of $1,896 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Slovenia ($2,099 per ton), while the price for Taiwan (Chinese) ($1,078 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -11.2% to 309 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% 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 +78.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides rose sharply to $466K in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 78%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 108 | 124 | 265 | 267 | 35.2% |
| Russia | 13.6 | 10.8 | 55.1 | 61.3 | 65.2% |
| Austria | 5.8 | 17.4 | 53.2 | 51.9 | 107.6% |
| Poland | N/A | N/A | N/A | 25.2 | 0% |
| South Korea | 15.8 | 15.3 | 27.6 | 20.5 | 9.1% |
| Slovenia | 0.6 | 0.2 | N/A | 17.2 | 206.1% |
| Taiwan (Chinese) | 21.4 | 16.1 | 22.4 | 12.9 | -15.5% |
| Spain | N/A | 14.5 | N/A | N/A | 0% |
| China | 15.2 | 23.6 | N/A | N/A | 55.3% |
| Others | 11.5 | 24.9 | 14.8 | 9.1 | -7.5% |
| Total | 191 | 247 | 438 | 466 | 34.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Serbia in 2022:
- Belarus (190.5 tons)
- Russia (35.3 tons)
- Austria (27.9 tons)
- Poland (17.2 tons)
- South Korea (15.2 tons)
- Taiwan (Chinese) (11.9 tons)
- Slovenia (8.2 tons)
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