Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus (CIF) - 2022
In April 2021, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $974 per ton, growing by 33% against the previous month. Overall, import price indicated a strong expansion from January 2021 to April 2021: its price increased at an average monthly rate of +16.2% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2021 figures, import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses increased by +57.0% against January 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($1,229 per ton), while the price for Portugal ($769 per ton) was amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by South Korea (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -81.9% to 6.1K tons, falling for the second year in a row after two years of growth. Overall, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports reached the peak of 66K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses contracted dramatically to $5.7M in 2022. In general, imports saw a precipitous decrease. The smallest decline of -13.9% was in 2020.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 9.5 | 13.8 | 9.7 | 2.4 | -36.8% |
| Russia | 2.1 | 3.3 | 4.5 | 1.1 | -19.4% |
| Portugal | 5.6 | 4.1 | 2.4 | 0.7 | -50.0% |
| Poland | 25.0 | 16.0 | 5.6 | 0.6 | -71.2% |
| China | 1.4 | 1.6 | 1.3 | 0.4 | -34.1% |
| India | 0.9 | 1.0 | 0.8 | 0.2 | -39.4% |
| Lithuania | 2.5 | 1.2 | 3.2 | 0.2 | -56.9% |
| Others | 1.4 | 0.6 | 0.4 | 0.1 | -58.5% |
| Total | 48.2 | 41.5 | 28.0 | 5.7 | -50.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Belarus in 2022:
- South Korea (3238.1 tons)
- Portugal (806.6 tons)
- Russia (711.9 tons)
- Poland (475.9 tons)
- China (325.6 tons)
- India (265.2 tons)
- Lithuania (169.3 tons)
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