Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (FOB) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (FOB) - 2023
In October 2023, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $925 per ton, shrinking by -4.7% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 12% against the previous month. The export price peaked at $1,058 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($1,154 per ton), while the average price for exports to Turkey totaled $917 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,222 per ton in 2022, with an increase of 52% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,312 per ton in 2013; however, from 2014 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 Germany ($2,291 per ton), while the price for South Korea ($998 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses increased by 8.2% to 396K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable decrease.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $413M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 254 | 181 | 237 | 326 | 8.7% |
| Lithuania | 2.8 | 11.1 | 17.1 | 41.0 | 144.6% |
| Belgium | N/A | 4.0 | 0.1 | 15.4 | 96.2% |
| Switzerland | 5.5 | 5.8 | 3.9 | 8.4 | 15.2% |
| Turkey | 21.8 | 8.3 | N/A | 6.1 | -34.6% |
| Belarus | 29.0 | 16.8 | 9.9 | 4.2 | -47.5% |
| Others | 23.3 | 11.6 | 5.7 | 11.9 | -20.1% |
| Total | 337 | 238 | 273 | 413 | 7.0% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Poland in 2022:
- Germany (315.9K tons)
- Lithuania (37.2K tons)
- Belgium (14.2K tons)
- Switzerland (7.7K tons)
- Turkey (6.0K tons)
- Belarus (4.5K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland
In 2022, after three years of growth, there was significant decline in purchases abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, when their volume decreased by -97.2% to 1.9K tons. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 262% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses dropped significantly to $2.3M in 2022. In general, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 270% against the previous year. As a result, imports attained the peak of $54M, and then fell rapidly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.6 | 1.0 | 6.1 | 1.9 | 5.9% |
| South Korea | 0.1 | N/A | 2.8 | 0.2 | 26.0% |
| Netherlands | 3.4 | 3.3 | 32.3 | 0.1 | -69.1% |
| Russia | N/A | N/A | 0.7 | N/A | 0% |
| Belgium | N/A | 4.0 | 1.5 | N/A | -62.5% |
| Lithuania | N/A | N/A | 2.9 | N/A | 0% |
| Portugal | N/A | 6.4 | 4.2 | N/A | -34.4% |
| Others | N/A | N/A | 3.6 | N/A | 0% |
| Total | 5.2 | 14.7 | 54.1 | 2.3 | -23.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Poland in 2022:
- Spain (1554.5 tons)
- South Korea (220.0 tons)
- Netherlands (48.0 tons)
- Russia (40.8 tons)
- Belgium (0.1 tons)
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