Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran - 2022
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (FOB) - 2022
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (CIF) - 2022
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (FOB) - 2022
The average export price for cyclic hydrocarbons; mixed xylene isomerses stood at $506 per ton in 2022, which is down by -26.8% against the previous year. Over the period under review, the export price saw a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $1,310 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($707 per ton), while the average price for exports to China ($454 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 Iraq (-3.3%), while the prices for the other major destinations experienced a decline.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (CIF) - 2022
The average import price for cyclic hydrocarbons; mixed xylene isomerses stood at $983 per ton in 2022, declining by -9% against the previous year. In general, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $3,032 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 India ($2,185 per ton), while the price for China ($723 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced a decline.
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran
After two years of decline, shipments abroad of cyclic hydrocarbons; mixed xylene isomerses increased by 65% to 48K tons in 2022. Overall, exports, however, continue to indicate a sharp shrinkage.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports soared to $24M in 2022. In general, exports, however, continue to indicate a dramatic descent.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 27.7 | 9.4 | 7.6 | 9.2 | -30.7% |
| China | 21.4 | 9.1 | 7.0 | 7.9 | -28.3% |
| United Arab Emirates | 4.7 | 5.5 | 3.2 | 3.2 | -12.0% |
| Pakistan | 0.3 | 0.9 | 0.8 | 1.5 | 71.0% |
| Jordan | 1.5 | 1.8 | 1.2 | 1.4 | -2.3% |
| Iraq | 3.1 | 1.7 | 0.1 | 0.9 | -33.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 58.8 | 28.3 | 19.9 | 24.1 | -25.7% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Iran in 2022:
- India (18.1K tons)
- China (17.3K tons)
- United Arab Emirates (6.0K tons)
- Pakistan (2.9K tons)
- Jordan (2.1K tons)
- Iraq (1.3K tons)
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran
In 2022, after three years of growth, there was significant decline in purchases abroad of cyclic hydrocarbons; mixed xylene isomerses, when their volume decreased by -26.6% to 46 tons. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 457% against the previous year. As a result, imports reached the peak of 62 tons, and then reduced notably in the following year.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports shrank remarkably to $45K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 199%. As a result, imports attained the peak of $67K, and then declined markedly in the following year.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.4 | 7.2 | 27.3 | 19.9 | 80.2% |
| South Korea | 7.5 | 11.3 | 27.7 | 16.1 | 29.0% |
| India | 1.7 | 3.2 | 9.8 | 7.2 | 61.8% |
| Others | 0.5 | 0.8 | 2.4 | 1.6 | 47.4% |
| Total | 13.0 | 22.5 | 67.2 | 44.9 | 51.2% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Iran in 2022:
- United Arab Emirates (24.5 tons)
- South Korea (17.4 tons)
- India (3.3 tons)
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