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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia

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

In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,231 per ton, with an increase of 13% against the previous year. In general, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs at $1,395 per ton in 2013; however, from 2014 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 Belgium ($3,390 per ton), while the price for South Korea ($1,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $17,976 per ton, growing by 19% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2021 an increase of 364%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($18,459 per ton), while the average price for exports to Serbia ($1,966 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 Italy (+19.7%), 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 Slovenia

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -20.7% to 1K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses contracted to $1.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of $1.4M, and then declined in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland638581403606-1.7%
Italy24.388.7167340141.0%
Belgium0.20.33092861026.6%
South Korea30429121652.8-44.2%
Spain94.217.623.1N/A-50.5%
ChinaN/AN/A82.4N/A0%
Taiwan (Chinese)N/AN/A171N/A0%
Others0.40.166.70.1-37.0%
Total1,0619791,4391,2856.6%

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

  1. Poland (569.6 tons)
  2. Italy (337.4 tons)
  3. Belgium (84.5 tons)
  4. South Korea (52.6 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia

In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses exported from Slovenia soared to 2.9 tons, picking up by 82% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,423% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $52K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 6,964% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A23.952.2118.4%
Serbia0.10.20.10.10.0%
OthersN/A0.10.10.10.0%
Total0.10.324.152.4706.2%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Slovenia in 2022:

  1. Italy (2826.0 kg)
  2. Serbia (58.0 kg)

Source: IndexBox Market Intelligence Platform

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