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

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia

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

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $1,731 per ton in 2022, dropping by -5.9% against the previous year. Overall, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2021 an increase of 73%. Over the period under review, average import prices reached the maximum at $2,175 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,970 per ton), while the price for South Korea ($1,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,744 per ton in 2022, rising by 18% against the previous year. Overall, the export price showed a tangible expansion. The pace of growth was the most pronounced in 2016 an increase of 84%. As a result, the export price attained the peak level of $2,795 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Uzbekistan ($3,371 per ton) and Chile ($3,150 per ton), while the average price for exports to Kazakhstan ($2,428 per ton) and Armenia ($2,619 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Russia fell to 6.6K tons, declining by -2.7% compared with 2021. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted to $12M in 2022. Overall, imports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $13M, and then reduced in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea11.55.710.910.6-2.7%
India0.10.1N/A0.344.2%
China0.10.10.20.344.2%
Germany0.31.21.20.1-30.7%
Others0.20.10.20.20.0%
Total12.07.212.611.5-1.4%

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

  1. South Korea (6.2K tons)
  2. China (0.2K tons)
  3. India (0.2K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia

In 2022, approx. 79 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were exported from Russia; which is down by -64.2% against 2021. In general, exports faced a dramatic contraction.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell sharply to $216K in 2022. Over the period under review, exports showed a significant contraction. The smallest decline of -47.3% was in 2020.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan29.934.414410853.4%
ChileN/AN/AN/A63.00%
Uzbekistan36915.190.333.4-55.1%
Armenia26.323.25.710.3-26.8%
Germany534N/AN/AN/A0%
Egypt1,6921,122N/AN/A-33.7%
Belarus571488N/AN/A-14.5%
Ukraine12980.1268N/A44.1%
Others0.62.94.20.914.5%
Total3,3521,766512216-59.9%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Russia in 2022:

  1. Kazakhstan (44.6 tons)
  2. Chile (20.0 tons)
  3. Uzbekistan (9.9 tons)
  4. Armenia (3.9 tons)

Source: IndexBox Market Intelligence Platform

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