Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (CIF) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (CIF) - 2024

In August 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,524 per ton, dropping by -2.4% against the previous month. Over the period under review, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in June 2023 when the average import price increased by 8.4% m-o-m. The import price peaked at $1,909 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were South Korea ($1,972 per ton) and the Netherlands ($1,597 per ton), while the price for Germany ($1,417 per ton) and Sweden ($1,508 per ton) were amongst the lowest.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $3,904 per ton, rising by 12% against the previous year. In general, the export price recorded temperate growth. The growth pace was the most rapid in 2017 an increase of 184%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($9,372 per ton), while the average price for exports to the Netherlands ($1,448 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 (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK

In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses was finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt curtailment.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses skyrocketed to $41M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.38.515.714.96.6%
Netherlands16.18.83.214.1-4.3%
Sweden4.12.64.55.28.2%
South Korea2.40.92.14.523.3%
Belgium3.91.12.91.6-25.7%
Taiwan (Chinese)1.50.10.50.8-18.9%
DenmarkN/AN/A4.1N/A0%
OthersN/A0.10.10.241.4%
Total40.322.233.141.20.7%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to the UK in 2022:

  1. Germany (7.3K tons)
  2. Netherlands (6.6K tons)
  3. Sweden (2.4K tons)
  4. South Korea (2.1K tons)
  5. Belgium (0.7K tons)
  6. Taiwan (Chinese) (0.3K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -30.5% to 44 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of 105 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses contracted remarkably to $172K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.327.44.048.5444.8%
ItalyN/AN/AN/A41.90%
Ireland27.618.222.826.3-1.6%
India17.527.543.419.74.0%
France36.5N/AN/A8.0-39.7%
NetherlandsN/AN/A3.84.210.5%
Sweden4.13.946.54.10.0%
United StatesN/AN/A66.3N/A0%
CanadaN/A47.8N/AN/A0%
Others29.737.233.318.9-14.0%
Total11616222017214.0%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from the UK in 2022:

  1. Germany (19.2 tons)
  2. India (7.5 tons)
  3. Ireland (6.1 tons)
  4. Italy (4.5 tons)
  5. Netherlands (2.9 tons)
  6. Sweden (1.6 tons)
  7. France (1.3 tons)

Source: IndexBox Market Intelligence Platform

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