Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $2,368 per ton in 2022, with an increase of 130% against the previous year. Overall, the import price saw a prominent expansion. The import price peaked at $58,000 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,000 per ton), while the price for China ($500 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (-25.0%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia
In 2022, after two years of growth, there was significant decline in supplies from abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, when their volume decreased by -70.8% to 19 kg. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 225%. As a result, imports attained the peak of 65 kg, and then shrank rapidly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses shrank remarkably to $45 in 2022. In general, imports recorded a sharp contraction.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 660 | 25.0 | 40.0 | -75.4% | |
| Belgium | 500 | 40.0 | 4.0 | -91.1% | |
| China | N/A | 2.0 | 1.0 | -50.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1,160 | 67.0 | 45.0 | -80.3% | |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Latvia in 2022:
- Netherlands (16.0 kg)
- China (2.0 kg)
- Belgium (1.0 kg)
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