Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (FOB) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (FOB) - 2023
The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,327 per ton in December 2023, leveling off at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 16% month-to-month. Over the period under review, the average export prices reached the maximum at $1,467 per ton in April 2023; however, from May 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In December 2023, the highest price was recorded for prices to the United States ($1,549 per ton) and the Netherlands ($1,363 per ton), while the average price for exports to Spain ($1,319 per ton) and Germany ($1,323 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $2,778 per ton, with a decrease of -21.2% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 when the average import price increased by 107% against the previous year. The import price peaked at $3,525 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,000 per ton), while the price for the United States ($1,222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey
In 2022, the amount of acids; aromatic polycarboxylic acids; dimethyl terephthalates exported from Turkey skyrocketed to 19K tons, jumping by 34% on the year before. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 214%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates skyrocketed to $23M in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 295%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | N/A | 5.4 | 16.9 | 204.3% |
| United States | 0.6 | 0.3 | 1.1 | 1.7 | 41.5% |
| Spain | 0.6 | 0.9 | 1.1 | 1.1 | 22.4% |
| India | 0.2 | 0.6 | 1.0 | 0.8 | 58.7% |
| France | 0.5 | 0.4 | 0.8 | 0.7 | 11.9% |
| Italy | 0.2 | 0.1 | 0.6 | 0.5 | 35.7% |
| Germany | 0.2 | 0.1 | 1.7 | 0.5 | 35.7% |
| Japan | 0.2 | 0.4 | 0.5 | 0.1 | -20.6% |
| Others | 0.4 | 0.5 | 0.8 | 0.7 | 20.5% |
| Total | 3.4 | 3.3 | 12.9 | 23.0 | 89.1% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Turkey in 2022:
- China (14.2K tons)
- United States (1.2K tons)
- Spain (1.0K tons)
- India (0.6K tons)
- France (0.6K tons)
- Italy (0.5K tons)
- Germany (0.4K tons)
- Japan (0.1K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey
Imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates into Turkey soared to 910 kg in 2022, jumping by 1,392% against the year before. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $2.5K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 223 | N/A | 2,498 | 234.7% |
| United States | N/A | N/A | 131 | 11.0 | -91.6% |
| France | N/A | 539 | N/A | N/A | 0% |
| India | 203 | 37.0 | 68.0 | N/A | -42.1% |
| Others | N/A | 177 | 16.0 | 19.0 | -67.2% |
| Total | 203 | 976 | 215 | 2,528 | 131.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Turkey in 2022:
- China (900.0 kg)
- United States (9.0 kg)
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