Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile - 2024

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile (CIF) - 2024
2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile
4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile (CIF) - 2024

In September 2023, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,164 per ton, dropping by -2.6% against the previous month. Overall, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $1,416 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,170 per ton), while the price for South Korea totaled $1,122 per ton.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,575 per ton in 2022, jumping by 20% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52% against the previous year. The export price peaked at $1,639 per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,675 per ton), while the average price for exports to Mexico ($947 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 Brazil (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile

In 2022, approx. 3.2K tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Chile; waning by -40.9% against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 108% against the previous year. As a result, imports attained the peak of 5.5K tons, and then shrank rapidly in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped remarkably to $4.7M in 2022. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 184% against the previous year. As a result, imports attained the peak of $6.6M, and then dropped significantly in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Chile in 2022:

1. China (1965.0 tons)
2. Russia (599.0 tons)
3. South Korea (550.0 tons)
4. Mexico (120.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Chile

In 2022, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Chile skyrocketed to 648 tons, increasing by 148% compared with the year before. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 222% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $1M in 2022. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2021 when exports increased by 281%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Chile in 2022:

1. Brazil (350.8 tons)
2. Argentina (243.0 tons)
3. Mexico (54.2 tons)

Source: IndexBox Market Intelligence Platform