Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $6,093 per ton, growing by 680% against the previous year. Over the period under review, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +16.2% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina

After three years of growth, purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -99.3% to 140 kg in 2022. Overall, imports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of 20 tons, and then shrank remarkably in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates shrank rapidly to $853 in 2022. In general, imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 3.1% against the previous year. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A0.70.928.6%
South Korea18.318.9N/AN/A3.3%
TurkeyN/AN/A15.0N/A0%
OthersN/AN/AN/AN/A0%
Total18.318.915.60.9-63.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Argentina in 2022:

  1. Russia (140.0 kg)

Source: IndexBox Market Intelligence Platform

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