Germany - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Germany - 2023
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Germany (CIF) - 2023
- Price for Phthalic Anhydride and Terephthalic Acid in Germany (FOB) - 2022
- Imports of Phthalic Anhydride and Terephthalic Acid in Germany
- Exports of Phthalic Anhydride and Terephthalic Acid in Germany
Price for Phthalic Anhydride and Terephthalic Acid in Germany (CIF) - 2023
In July 2023, the average import price for phthalic anhydride, terephthalic acid and its salts amounted to $895 per ton, which is down by -6.1% against the previous month. Overall, the import price showed a slight setback. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 17% month-to-month. As a result, import price reached the peak level of $1,280 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Belgium ($996 per ton) and Portugal ($959 per ton), while the price for Poland ($831 per ton) and Spain ($933 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Phthalic Anhydride and Terephthalic Acid in Germany (FOB) - 2022
The average export price for phthalic anhydride, terephthalic acid and its salts stood at $1,695 per ton in 2022, jumping by 57% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phthalic anhydride and terephthalic acid export price increased by +91.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,082 per ton), while the average price for exports to the Netherlands ($1,244 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 Poland (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phthalic Anhydride and Terephthalic Acid in Germany
In 2022, approx. 568K tons of phthalic anhydride, terephthalic acid and its salts were imported into Germany; reducing by -11% compared with 2021 figures. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year. As a result, imports reached the peak of 638K tons, and then dropped in the following year.
In value terms, phthalic anhydride and terephthalic acid imports surged to $620M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Phthalic Anhydride and Terephthalic Acid in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 228 | 178 | 218 | 294 | 8.8% |
Belgium | 252 | 151 | 194 | 268 | 2.1% |
Portugal | 0.4 | 13.5 | 30.8 | 31.1 | 326.8% |
Spain | 18.1 | 4.5 | 5.7 | 3.7 | -41.1% |
Others | 26.3 | 16.1 | 22.6 | 23.0 | -4.4% |
Total | 524 | 362 | 471 | 620 | 5.8% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Germany in 2022:
- Poland (291.2K tons)
- Belgium (231.6K tons)
- Portugal (25.7K tons)
- Spain (3.3K tons)
Exports of Phthalic Anhydride and Terephthalic Acid in Germany
In 2022, overseas shipments of phthalic anhydride, terephthalic acid and its salts decreased by -10% to 22K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. As a result, the exports attained the peak of 27K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, phthalic anhydride and terephthalic acid exports surged to $37M in 2022. In general, total exports indicated a remarkable increase 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, exports increased by +53.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Phthalic Anhydride and Terephthalic Acid in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1.6 | 6.3 | 4.4 | 21.0 | 135.9% |
Spain | 5.1 | 2.1 | 3.3 | 6.7 | 9.5% |
France | 0.3 | 1.0 | 1.0 | 2.6 | 105.4% |
Netherlands | 23.1 | 14.3 | 16.2 | 2.1 | -55.0% |
Lithuania | N/A | N/A | N/A | 1.5 | 0% |
Czech Republic | N/A | N/A | N/A | 1.1 | 0% |
Poland | 0.1 | N/A | 0.1 | 1.0 | 115.4% |
Others | 0.6 | 0.5 | 1.5 | 1.4 | 32.6% |
Total | 30.8 | 24.3 | 26.4 | 37.3 | 6.6% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Germany in 2022:
- Italy (12.3K tons)
- Spain (3.7K tons)
- Netherlands (1.7K tons)
- France (1.5K tons)
- Lithuania (0.9K tons)
- Czech Republic (0.6K tons)
- Poland (0.5K tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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