Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia
4. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia (CIF) - 2022

In December 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,411 per ton, growing by 2.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 15% month-to-month. The import price peaked at $1,830 per ton in September 2022; however, from October 2022 to December 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was India ($1,428 per ton), while the price for Taiwan (Chinese) stood at $1,363 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,369 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2019 when the average export price increased by 15% against the previous year. The export price peaked at $1,804 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to -2.7% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia

Imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Tunisia fell to 4.3K tons in 2022, waning by -11.6% against the previous year's figure. Over the period under review, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 when imports increased by 20%.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides expanded notably to $6.4M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Tunisia in 2022:

1. India (1034.5 tons)
2. Brazil (969.4 tons)
3. Italy (832.8 tons)
4. Russia (530.9 tons)
5. South Korea (254.7 tons)
6. Belarus (185.3 tons)
7. Taiwan (Chinese) (121.7 tons)
8. Austria (108.7 tons)
9. Turkey (101.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Tunisia

For the fourth year in a row, Tunisia recorded growth in shipments abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides, which increased by 0.5% to 229 tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 99.9% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides reached $314K in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 100%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Tunisia in 2022:

1. Algeria (229.1 tons)

Source: IndexBox Market Intelligence Platform