Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $1,398 per ton, growing by 41% against the previous year. Over the period under review, the import price, however, saw a mild contraction. Over the period under review, average import prices hit record highs at $1,627 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,766 per ton), while the price for Turkey totaled $1,242 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%).

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $2,811 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices hit record highs at $6,655 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2013 to 2022, the rate of growth in terms of prices for Portugal amounted to -19.1% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -11.1% to 1.3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates surged to $1.8M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Spain in 2022:

1. Turkey (901.8 tons)
2. Germany (380.1 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Spain

In 2022, after two years of decline, there was decline in overseas shipments of acids; aromatic polycarboxylic acids; dimethyl terephthalates, when their volume decreased by 0% to 11 tons. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates totaled $31K in 2022. In general, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Spain in 2022:

1. Costa Rica (11.2 tons)

Source: IndexBox Market Intelligence Platform