Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,221 per ton, increasing by 22% against the previous year. Overall, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the peak figure at $1,623 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,683 per ton), while the price for China ($939 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.4%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka
In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Sri Lanka shrank rapidly to 663 tons, which is down by -41.1% against the previous year's figure. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 24%.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides reduced markedly to $809K in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 419 | 376 | 603 | 462 | 3.3% |
| South Korea | 148 | 98.3 | 345 | 263 | 21.1% |
| Taiwan (Chinese) | 330 | 129 | 56.0 | 30.1 | -55.0% |
| China | 218 | 86.1 | 112 | 15.9 | -58.2% |
| Others | 8.0 | 7.5 | 6.1 | 38.8 | 69.3% |
| Total | 1,123 | 697 | 1,123 | 809 | -10.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Sri Lanka in 2022:
- India (376.0 tons)
- South Korea (248.7 tons)
- Taiwan (Chinese) (17.9 tons)
- China (16.9 tons)
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