Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt (CIF) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt (CIF) - 2023
The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,687 per ton in August 2023, standing approximately at the previous month. In general, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in July 2023 an increase of less than 0.1% month-to-month. As a result, import price reached the peak level of $1,687 per ton, leveling off in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to August 2023, the rate of growth in terms of prices for China amounted to +3.3% per month.
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt
In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -88.5% to 218 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 419%. As a result, imports attained the peak of 1.9K tons, and then fell markedly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates shrank markedly to $285K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 479%. As a result, imports reached the peak of $1.9M, and then dropped markedly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 285 | 0% |
| Portugal | N/A | N/A | 1,770 | N/A | 0% |
| South Korea | 160 | 296 | 83.9 | N/A | -27.6% |
| Others | N/A | 24.3 | N/A | N/A | 0% |
| Total | 160 | 320 | 1,854 | 285 | 21.2% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Egypt in 2022:
- China (218.3 tons)
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