Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,084 per ton, growing by 38% against the previous year. In general, the import price, however, saw a noticeable decrease. Over the period under review, average import prices attained the peak figure at $1,824 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($1,084 per ton) and China ($1,084 per ton), while the price for Thailand ($1,084 per ton) and South Korea ($1,084 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.4%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $553 per ton in 2022, rising by 51% against the previous year. Overall, the export price, however, showed a dramatic shrinkage. The export price peaked at $1,534 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($592 per ton), while the average price for exports to China stood at $506 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+61.7%).
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt
In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses imported into Egypt surged to 315K tons, increasing by 1,067% on 2021. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses soared to $342M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.6 | 11.9 | 9.6 | 156 | 291.5% |
| China | 0.2 | 0.5 | 1.7 | 87.8 | 660.0% |
| Taiwan (Chinese) | 0.3 | 0.9 | 3.8 | 50.7 | 452.9% |
| South Korea | 2.6 | 0.1 | 0.2 | 38.5 | 145.6% |
| Portugal | 0.3 | 1.1 | 2.8 | 8.3 | 202.4% |
| Others | 1.1 | 2.9 | 3.2 | 0.5 | -23.1% |
| Total | 7.1 | 17.3 | 21.3 | 342 | 263.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Egypt in 2022:
- Thailand (144.0K tons)
- China (81.0K tons)
- Taiwan (Chinese) (46.8K tons)
- South Korea (35.5K tons)
- Portugal (7.6K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt
In 2022, the amount of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses exported from Egypt skyrocketed to 554 tons, increasing by 594% compared with the previous year. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $306K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Turkey | 29.2 | 179 | 513.0% | ||
| China | N/A | 128 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 29.2 | 306 | 947.9% | ||
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Egypt in 2022:
- Turkey (301.9 tons)
- China (252.1 tons)
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