Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (CIF) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (CIF) - 2024
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,549 per ton in September 2023, leveling off at the previous month. Over the period under review, the import price, however, saw a mild downturn. The pace of growth was the most pronounced in April 2023 an increase of 8.7% against the previous month. The import price peaked at $1,760 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($1,770 per ton), while the price for Taiwan (Chinese) ($1,140 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,730 per ton, with an increase of 50% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($1,734 per ton), while the average price for exports to France totaled $1,706 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain
For the third consecutive year, Spain recorded decline in overseas purchases of acids; aromatic polycarboxylic acids; phthalic anhydrides, which decreased by -30.6% to 13K tons in 2022. In general, imports saw a significant decrease. The smallest decline of -0.2% was in 2021.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $21M in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 17.4 | 8.4 | 8.0 | 7.7 | -23.8% |
| Germany | 6.2 | 2.2 | 3.7 | 6.4 | 1.1% |
| Israel | 1.2 | 0.5 | 1.7 | 2.2 | 22.4% |
| Belgium | 0.1 | N/A | 2.8 | 1.6 | 152.0% |
| Austria | 1.4 | 1.0 | 1.2 | 1.5 | 2.3% |
| Turkey | 2.8 | 1.2 | 0.5 | 0.7 | -37.0% |
| South Korea | 1.4 | 2.2 | 2.5 | 0.7 | -20.6% |
| Others | 0.3 | N/A | 0.2 | 0.1 | -30.7% |
| Total | 30.8 | 15.6 | 20.7 | 20.9 | -12.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Spain in 2022:
- Italy (4.5K tons)
- Germany (3.9K tons)
- Israel (1.5K tons)
- Austria (0.9K tons)
- Belgium (0.7K tons)
- Turkey (0.4K tons)
- South Korea (0.4K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain
Exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Spain declined slightly to 1.5K tons in 2022, reducing by -2.6% on 2021 figures. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then dropped in the following year.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides soared to $2.5M in 2022. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 783 | 738 | 1,161 | 2,106 | 39.1% |
| France | 204 | 50.7 | 378 | 429 | 28.1% |
| Greece | N/A | 46.7 | N/A | N/A | 0% |
| Cuba | 492 | 135 | 169 | N/A | -41.4% |
| Algeria | 54.6 | 126 | N/A | N/A | 130.8% |
| Others | 38.2 | 22.1 | 30.2 | 0.5 | -76.4% |
| Total | 1,572 | 1,118 | 1,738 | 2,535 | 17.3% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Spain in 2022:
- Portugal (1214.4 tons)
- France (251.3 tons)
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