Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (CIF) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (CIF) - 2024
In September 2023, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,590 per ton, picking up by 19% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in June 2023 an increase of 19% month-to-month. The import price peaked in September 2023.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,237 per ton), while the price for South Korea amounted to $1,235 per ton.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,574 per ton in 2022, growing by 40% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; aromatic polycarboxylic acids; phthalic anhydrides increased by +77.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,907 per ton), while the average price for exports to the Netherlands ($1,206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany
In 2022, approx. 48K tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Germany; which is down by -23.5% compared with 2021. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped to $66M in 2022. In general, imports recorded a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 47.6 | 33.5 | 55.4 | 52.3 | 3.2% |
| Italy | 3.7 | 2.0 | 4.0 | 5.3 | 12.7% |
| Austria | 9.8 | 2.4 | 4.4 | 2.7 | -34.9% |
| South Korea | 0.4 | 0.1 | 0.5 | 2.0 | 71.0% |
| Czech Republic | 3.2 | 1.2 | 1.0 | 1.3 | -25.9% |
| Sweden | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Belarus | 2.3 | 1.0 | 1.5 | N/A | -19.2% |
| Others | 3.8 | 1.8 | 1.8 | 1.5 | -26.6% |
| Total | 71.5 | 42.4 | 69.3 | 65.8 | -2.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Germany in 2022:
- Belgium (39.3K tons)
- Italy (3.4K tons)
- Austria (1.6K tons)
- South Korea (1.2K tons)
- Czech Republic (0.9K tons)
- Sweden (0.8K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany
In 2022, overseas shipments of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -13.4% to 21K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 1.6%. As a result, the exports attained the peak of 27K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $33M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.6 | 6.4 | 4.5 | 19.4 | 129.7% |
| Spain | 5.1 | 2.1 | 3.5 | 6.2 | 6.7% |
| France | 0.3 | 1.0 | 1.0 | 2.3 | 97.2% |
| Netherlands | 23.1 | 14.4 | 16.8 | 2.0 | -55.8% |
| Czech Republic | N/A | N/A | N/A | 1.0 | 0% |
| Poland | 0.1 | N/A | N/A | 0.9 | 108.0% |
| Others | 0.5 | 0.5 | 1.1 | 1.1 | 30.1% |
| Total | 30.7 | 24.4 | 27.0 | 32.8 | 2.2% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Germany in 2022:
- Italy (12.3K tons)
- Spain (3.7K tons)
- Netherlands (1.7K tons)
- France (1.4K tons)
- Czech Republic (0.6K tons)
- Poland (0.5K tons)
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