Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,473 per ton, increasing by 13% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by +111.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($2,507 per ton) and India ($2,507 per ton), while the price for Turkey ($2,134 per ton) and Taiwan (Chinese) ($2,507 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt
After two years of decline, purchases abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by 1.3% to 3.3K tons in 2022. Over the period under review, imports, however, saw a sharp downturn.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $8.2M in 2022. Overall, imports, however, continue to indicate a sharp decrease.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.3 | 0.6 | 0.9 | 2.4 | 100.0% |
| South Korea | 8.0 | 1.8 | 1.7 | 2.2 | -35.0% |
| Sweden | 0.5 | 1.1 | 1.5 | 1.0 | 26.0% |
| India | 1.2 | 0.9 | 0.4 | 0.8 | -12.6% |
| China | 0.2 | 0.1 | 1.0 | 0.8 | 58.7% |
| Malaysia | 2.3 | 0.4 | 0.5 | 0.5 | -39.9% |
| Turkey | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
| Taiwan (Chinese) | 1.7 | 2.1 | 0.2 | 0.1 | -61.1% |
| Russia | 2.0 | 1.3 | N/A | N/A | -35.0% |
| Others | 0.2 | 0.2 | 0.5 | 0.1 | -20.6% |
| Total | 16.4 | 8.8 | 7.1 | 8.2 | -20.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Egypt in 2022:
- Vietnam (950.2 tons)
- South Korea (858.9 tons)
- Sweden (382.2 tons)
- India (338.9 tons)
- China (318.5 tons)
- Malaysia (191.5 tons)
- Turkey (148.5 tons)
- Taiwan (Chinese) (42.1 tons)
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