Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Romania - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Romania (CIF) - 2023
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Romania

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Romania (CIF) - 2023

The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,198 per ton in August 2023, approximately reflecting the previous month. Overall, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in September 2022 an increase of 7% against the previous month. As a result, import price reached the peak level of $1,630 per ton. From October 2022 to August 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($1,465 per ton), while the price for Poland amounted to $1,196 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (-1.0%).

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

Imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Romania rose modestly to 1.1K tons in 2022, growing by 1.6% against the previous year. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $1.5M in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland21532031379354.5%
Italy747221710725-1.0%
SpainN/A52.71.0N/A-98.1%
NetherlandsN/A65.80.4N/A-99.4%
Others0.30.139.10.410.1%
Total9626591,0631,51816.4%

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

  1. Poland (575.6 tons)
  2. Italy (531.6 tons)

Source: IndexBox Market Intelligence Platform

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