Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,094 per ton in 2022, with a decrease of -17.3% against the previous year. In general, the import price, however, showed a modest expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 59%. Over the period under review, average import prices reached the maximum at $1,603 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.8% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel

Imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Israel soared to 45 tons in 2022, growing by 132% compared with the year before. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $49K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10.915.621.849.065.0%
China2.12.73.4N/A27.2%
Others0.30.20.4N/A15.5%
Total13.418.525.649.054.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Israel in 2022:

  1. South Korea (44.8 tons)

Source: IndexBox Market Intelligence Platform

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