Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,471 per ton, growing by 10% against the previous year. Overall, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of 124%. As a result, import price reached the peak level of $3,421 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,807 per ton), while the price for Spain stood at $896 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%).

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $2,157 per ton, jumping by 34% against the previous year. In general, the export price recorded a noticeable increase. The export price peaked at $2,389 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,721 per ton), while the average price for exports to Sweden totaled $1,819 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.6%).

Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway

In 2022, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Norway surged to 37 tons, picking up by 56% compared with the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 7,495%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses surged to $55K in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 2,867% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11.40.113.828.535.7%
Italy18.00.918.226.413.6%
OthersN/AN/AN/A0.10%
Total29.41.132.154.923.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Norway in 2022:

  1. Spain (31.7 tons)
  2. Italy (5.5 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Norway

Exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses from Norway declined sharply to 1.9 tons in 2022, dropping by -19.9% against 2021 figures. In general, exports saw a abrupt shrinkage. The smallest decline of -19.8% was in 2021.

In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses expanded sharply to $4K in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.80.52.02.15.3%
France1.50.51.81.98.2%
United StatesN/A2.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.23.53.84.07.7%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Norway in 2022:

  1. Sweden (1174.0 kg)
  2. France (703.0 kg)

Source: IndexBox Market Intelligence Platform

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