Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $3,753 per ton, increasing by 31% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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; other esters of orthophthalic acidses increased by +90.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +11.8% per year.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $1,576 per ton, surging by 8.2% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 100%. The import price peaked at $3,885 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($14,333 per ton), while the price for China ($1,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa
In 2022, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses from South Africa surged to 216 tons, with an increase of 30% compared with the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $811K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 91% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 342 | 247 | 475 | 811 | 33.4% |
Israel | 26.0 | N/A | N/A | N/A | 0% |
Others | 9.9 | 2.6 | 2.7 | N/A | -47.8% |
Total | 378 | 250 | 478 | 811 | 29.0% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from South Africa in 2022:
- United States (216.0 tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa
In 2022, approx. 461 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were imported into South Africa; with an increase of 9.6% against the previous year's figure. Overall, imports, however, saw a abrupt shrinkage.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $727K in 2022. In general, imports, however, recorded a pronounced reduction.
Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 418 | 212 | 450 | 673 | 17.2% |
India | 323 | 333 | 84.0 | 5.9 | -73.7% |
United States | 42.9 | 1.2 | 57.3 | 1.6 | -66.6% |
South Korea | N/A | 58.7 | N/A | N/A | 0% |
Others | 41.4 | 46.1 | 22.0 | 47.0 | 4.3% |
Total | 825 | 651 | 613 | 727 | -4.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to South Africa in 2022:
- China (453.3 tons)
- India (2.3 tons)
- United States (0.4 tons)
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