Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,493 per ton, flattening at the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,339 per ton), while the price for Belarus ($2,140 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan

In 2022, after three years of growth, there was significant decline in overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, when their volume decreased by -17.6% to 49 tons. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 205%. As a result, imports attained the peak of 59 tons, and then shrank markedly in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses reduced remarkably to $121K in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 290% against the previous year. As a result, imports reached the peak of $146K, and then declined markedly in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.016.110881.895.2%
Belarus9.814.125.829.544.4%
China8.45.45.96.5-8.2%
Turkey0.61.32.32.458.7%
Others0.50.53.31.233.9%
Total30.337.414612158.7%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Kazakhstan in 2022:

  1. Russia (31.9 tons)
  2. Belarus (13.8 tons)
  3. China (2.1 tons)
  4. Turkey (0.7 tons)

Source: IndexBox Market Intelligence Platform

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