Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $9,500 per ton, increasing by 605% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($34,000 per ton), while the price for India amounted to $1,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+73.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka

In 2022, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Sri Lanka fell sharply to 4 kg, reducing by -91.8% against the year before. In general, imports showed a precipitous shrinkage. The smallest decline of -52.4% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses contracted rapidly to $38 in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -18.5% was in 2021.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A34.00%
India14.017.011.04.0-34.1%
South KoreaN/A5.013.0N/A160.0%
China1,523N/AN/AN/A0%
AustriaN/A29.0N/AN/A0%
OthersN/A30.042.0N/A40.0%
Total1,53781.066.038.0-70.9%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Sri Lanka in 2022:

  1. India (3.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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