Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,259 per ton in 2022, with an increase of 18% against the previous year. In general, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36% against the previous year. The export price peaked at $1,486 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Peru ($1,476 per ton) and Colombia ($1,464 per ton), while the average price for exports to India ($1,062 per ton) and Finland ($1,108 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 Chile (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $2,946 per ton in 2022, picking up by 204% against the previous year. In general, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($28,167 per ton), while the price for India ($1,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -54.8% to 32K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 71K tons, and then declined remarkably in the following year.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides reduced dramatically to $40M in 2022. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of $75M, and then fell remarkably in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.4 | 4.8 | 10.1 | 9.9 | 22.4% |
| Poland | 5.8 | 5.4 | 12.3 | 6.2 | 2.2% |
| India | 5.3 | 5.2 | 8.1 | 4.6 | -4.6% |
| Egypt | 7.3 | 5.8 | 8.2 | 4.3 | -16.2% |
| Uzbekistan | 2.6 | 1.8 | 0.8 | 1.7 | -13.2% |
| Peru | 1.1 | 1.6 | 2.3 | 1.6 | 13.3% |
| Colombia | 3.0 | 4.0 | 6.2 | 1.4 | -22.4% |
| Lithuania | N/A | N/A | N/A | 1.2 | 0% |
| Tunisia | 0.5 | N/A | 1.3 | 1.1 | 30.1% |
| Slovenia | 0.7 | 0.6 | 1.0 | 1.0 | 12.6% |
| Chile | 0.1 | 0.3 | 1.6 | 0.9 | 108.0% |
| Finland | 4.3 | 2.4 | 3.3 | 0.9 | -40.6% |
| Nigeria | 0.4 | N/A | 1.2 | 0.8 | 26.0% |
| Others | 14.1 | 12.6 | 18.9 | 4.4 | -32.2% |
| Total | 50.5 | 44.6 | 75.4 | 40.2 | -7.3% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Russia in 2022:
- Turkey (8.5K tons)
- Poland (4.9K tons)
- India (4.4K tons)
- Egypt (3.1K tons)
- Uzbekistan (1.3K tons)
- Peru (1.1K tons)
- Colombia (1.0K tons)
- Lithuania (0.9K tons)
- Tunisia (0.9K tons)
- Finland (0.8K tons)
- Slovenia (0.7K tons)
- Chile (0.6K tons)
- Nigeria (0.5K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia
In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Russia dropped remarkably to 223 kg, waning by 99.9% on the year before. In general, imports recorded a significant decline. The smallest decline of -36.7% was in 2020.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides shrank rapidly to $658 in 2022. Overall, imports showed a precipitous slump. The smallest decline of -48.9% was in 2020.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | 0.1 | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| Iran | 0.2 | 0.2 | 1.0 | N/A | 123.6% |
| Belarus | 14.3 | 7.1 | N/A | N/A | -50.3% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 14.6 | 7.5 | 1.1 | N/A | -72.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Russia in 2022:
- Germany (111.0 kg)
- Poland (74.0 kg)
- Kazakhstan (17.0 kg)
- India (14.0 kg)
- Belgium (6.0 kg)
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