Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal (CIF) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal (CIF) - 2023
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,527 per ton in September 2023, which is down by -1.7% against the previous month. In general, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in April 2023 when the average import price increased by 2.9% month-to-month. The import price peaked at $1,909 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Austria.
From December 2022 to September 2023, the rate of growth in terms of prices for Turkey amounted to +17.5% per month.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal
In 2022, the amount of acids; aromatic polycarboxylic acids; phthalic anhydrides imported into Portugal dropped significantly to 2.6K tons, shrinking by -18.7% compared with 2021. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $4.1M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.8 | 0.8 | 1.5 | 2.1 | 5.3% |
| Israel | 1.8 | 1.5 | 1.5 | 1.8 | 0.0% |
| Turkey | N/A | N/A | 0.4 | 0.2 | -50.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.6 | 2.3 | 3.5 | 4.1 | 4.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Portugal in 2022:
- Spain (1237.6 tons)
- Israel (1215.7 tons)
- Turkey (110.0 tons)
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