Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,774 per ton in 2022, increasing by 46% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; phthalic anhydrides increased by +70.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($1,669 per ton) and Belgium ($1,664 per ton), while the price for Austria ($1,326 per ton) and Taiwan (Chinese) ($1,577 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $906 per ton, dropping by -28.1% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 9.6% against the previous year. The export price peaked at $1,799 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,111 per ton), while the average price for exports to the UK totaled $685 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+57.4%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway
In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Norway amounted to 2.4K tons, increasing by 13% against 2021 figures. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 386%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $3.8M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 466%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 110 | 128 | 1,181 | 2,910 | 198.0% |
| Austria | 702 | 218 | 1,024 | 532 | -8.8% |
| Taiwan (Chinese) | 35.8 | 21.1 | 260 | 311 | 105.6% |
| Belgium | 534 | 73.0 | 96.6 | 34.2 | -60.0% |
| Others | 57.8 | 14.9 | 18.0 | 59.4 | 0.9% |
| Total | 1,439 | 456 | 2,579 | 3,847 | 38.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Norway in 2022:
- Italy (1743.7 tons)
- Austria (401.3 tons)
- Taiwan (Chinese) (197.0 tons)
- Belgium (20.6 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway
For the third year in a row, Norway recorded decline in overseas shipments of acids; aromatic polycarboxylic acids; phthalic anhydrides, which decreased by -7.7% to 24 tons in 2022. Over the period under review, exports continue to indicate a dramatic descent.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides contracted dramatically to $22K in 2022. Overall, exports saw a precipitous contraction. The smallest decline of -32.8% was in 2020.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 95.5 | 64.1 | 32.8 | 13.9 | -47.4% |
| United Kingdom | N/A | N/A | N/A | 7.9 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 95.5 | 64.1 | 32.8 | 21.8 | -38.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Norway in 2022:
- Sweden (12.5 tons)
- United Kingdom (11.5 tons)
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