Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $848 per ton, picking up by 29% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the maximum at $1,162 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($1,189 per ton), while the price for South Korea ($745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,114 per ton in 2022, picking up by 89% against the previous year. In general, the export price, however, saw a sharp downturn. Over the period under review, the average export prices hit record highs at $218,524 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,432 per ton), while the average price for exports to Turkey ($294 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia
In 2022, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Russia fell significantly to 259K tons, dropping by -20.9% against 2021 figures. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.8%.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses rose modestly to $219M in 2022. In general, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 40%.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 198 | 139 | 183 | 214 | 2.6% |
| South Korea | 46.6 | 1.2 | N/A | 5.0 | -52.5% |
| Belgium | 19.4 | 4.2 | 13.8 | N/A | -15.7% |
| Others | 44.7 | 8.5 | 18.0 | 0.1 | -86.9% |
| Total | 308 | 153 | 215 | 219 | -10.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Russia in 2022:
- China (251.9K tons)
- South Korea (6.8K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia
After three years of growth, overseas shipments of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -97.4% to 222 tons in 2022. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 674% against the previous year. As a result, the exports reached the peak of 8.5K tons, and then shrank sharply in the following year.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses fell dramatically to $248K in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,070% against the previous year. As a result, the exports reached the peak of $5M, and then shrank remarkably in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 322 | 58.4 | -81.9% |
| Poland | N/A | N/A | 710 | 49.5 | -93.0% |
| Italy | N/A | N/A | 476 | 43.6 | -90.8% |
| Serbia | 11.4 | 9.3 | 58.8 | 7.5 | -13.0% |
| Belgium | N/A | N/A | 202 | N/A | 0% |
| India | N/A | N/A | 218 | N/A | 0% |
| Ukraine | 335 | 254 | 345 | N/A | 1.5% |
| Turkey | N/A | 164 | 1,230 | N/A | 650.0% |
| Others | 1.6 | N/A | 1,441 | 88.7 | 281.3% |
| Total | 348 | 428 | 5,003 | 248 | -10.7% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Russia in 2022:
- Italy (40.8 tons)
- Poland (40.8 tons)
- Switzerland (40.8 tons)
- Serbia (18.2 tons)
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