Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,279 per ton, reducing by -8.9% against the previous year. In general, the import price showed a perceptible setback. The growth pace was the most rapid in 2017 when the average import price increased by 16% against the previous year. The import price peaked at $1,855 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,064 per ton), while the price for Hong Kong SAR ($435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania

In 2022, approx. 2.7K tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were imported into Tanzania; rising by 80% against 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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; dioctyl orthophthalateses soared to $3.5M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,5419415631,305-5.4%
China21292.46381,13875.1%
Taiwan (Chinese)1951,52229131317.1%
Hong Kong SAR17.432.5163192122.6%
Malaysia11.716.3116182149.6%
Vietnam33.014919717775.0%
India0.713.5124120455.5%
TurkeyN/A102N/AN/A0%
Others14267.845.782.1-16.7%
Total2,1532,9372,1383,50817.7%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Tanzania in 2022:

  1. South Korea (889.6 tons)
  2. China (882.1 tons)
  3. Hong Kong SAR (441.7 tons)
  4. Taiwan (Chinese) (200.1 tons)
  5. Malaysia (125.5 tons)
  6. Vietnam (99.4 tons)
  7. India (58.0 tons)

Source: IndexBox Market Intelligence Platform

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