Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (CIF) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States
- Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (CIF) - 2024
In September 2023, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,566 per ton, falling by -37.5% against the previous month. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 27% month-to-month. As a result, import price reached the peak level of $2,504 per ton, and then declined notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($2,425 per ton), while the price for Portugal ($1,053 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $2,400 per ton in 2022, leveling off at the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% 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; dioctyl orthophthalateses increased by +86.4% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. As a result, the export price reached the peak level of $2,425 per ton, and then declined slightly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($4,140 per ton), while the average price for exports to Belgium ($2,282 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 Canada (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States
For the third consecutive year, the United States recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses, which decreased by -25.2% to 6.7K tons in 2022. Overall, imports continue to indicate a abrupt descent. The smallest decline of -4.7% was in 2020.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses shrank to $18M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $20M, and then shrank in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 8.4 | 6.8 | 8.2 | 8.4 | 0.0% |
| Mexico | 3.1 | 2.6 | 4.8 | 5.2 | 18.8% |
| Colombia | 1.6 | 0.7 | 3.9 | 1.9 | 5.9% |
| India | 0.4 | 0.5 | 0.9 | 0.8 | 26.0% |
| Chile | N/A | N/A | N/A | 0.5 | 0% |
| Taiwan (Chinese) | 0.5 | 1.5 | 0.7 | 0.4 | -7.2% |
| Portugal | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Turkey | N/A | 0.2 | 0.8 | 0.1 | -29.3% |
| Others | 0.6 | 0.3 | 0.5 | 0.2 | -30.7% |
| Total | 14.8 | 12.6 | 20.0 | 17.8 | 6.3% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to the United States in 2022:
- South Korea (3217.6 tons)
- Mexico (1647.1 tons)
- Colombia (840.0 tons)
- India (311.0 tons)
- Taiwan (Chinese) (202.0 tons)
- Chile (199.4 tons)
- Portugal (145.2 tons)
- Turkey (59.4 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States
In 2022, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses from the United States fell notably to 2.5K tons, which is down by -53.5% compared with the year before. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 9.8% against the previous year.
In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses contracted markedly to $6M in 2022. Overall, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 64%.
| Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.8 | 4.6 | 9.1 | 4.9 | 0.7% |
| Canada | 0.2 | 0.3 | 0.7 | 0.8 | 58.7% |
| Mexico | 9.4 | 3.0 | 1.3 | 0.2 | -72.3% |
| Others | 0.2 | 0.1 | 1.8 | 0.1 | -20.6% |
| Total | 14.6 | 7.9 | 12.9 | 6.0 | -25.7% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from the United States in 2022:
- Belgium (2150.8 tons)
- Canada (238.7 tons)
- Mexico (42.0 tons)
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