Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,224 per ton in 2022, picking up by 8% against the previous year. Overall, the import price, however, saw a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by 172%. As a result, import price attained the peak level of $2,059 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Kenya.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +1.4% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania
In 2022, the amount of acids; aromatic polycarboxylic acids; phthalic anhydrides imported into Tanzania shrank markedly to 13 tons, which is down by -52.4% against the year before. Overall, imports faced a precipitous decline. The smallest decline of -18.6% was in 2020.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides declined to $27K in 2022. Over the period under review, imports saw a abrupt decrease. The smallest decline of -12.2% was in 2021.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 0.3 | 0.7 | 30.2 | 26.6 | 345.9% |
| India | N/A | 33.7 | N/A | N/A | 0% |
| South Korea | 38.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.2 | 34.4 | 30.2 | 26.6 | -12.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Tanzania in 2022:
- Kenya (12.7 tons)
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