Israel - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Israel - 2023
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Israel (FOB) - 2022
- Price for Phthalic Anhydride and Terephthalic Acid in Israel (CIF) - 2022
- Exports of Phthalic Anhydride and Terephthalic Acid in Israel
- Imports of Phthalic Anhydride and Terephthalic Acid in Israel
Price for Phthalic Anhydride and Terephthalic Acid in Israel (FOB) - 2022
In 2022, the average export price for phthalic anhydride, terephthalic acid and its salts amounted to $1,497 per ton, with an increase of 36% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. The export price peaked at $1,508 per ton in 2013; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,497 per ton) and Italy ($1,497 per ton), while the average price for exports to Canada ($1,497 per ton) and the UK ($1,497 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Phthalic Anhydride and Terephthalic Acid in Israel (CIF) - 2022
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $1,287 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices attained the peak figure at $1,402 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,451 per ton), while the price for South Korea amounted to $1,084 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Phthalic Anhydride and Terephthalic Acid in Israel
In 2022, shipments abroad of phthalic anhydride, terephthalic acid and its salts decreased by -11.2% to 24K tons, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 8.7% against the previous year. As a result, the exports reached the peak of 33K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, phthalic anhydride and terephthalic acid exports soared to $36M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable 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 Phthalic Anhydride and Terephthalic Acid in Israel (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 10.7 | 9.5 | 10.0 | 18.4 | 19.8% |
Italy | 2.2 | 1.8 | 2.6 | 4.1 | 23.1% |
United States | 6.4 | 6.2 | 2.3 | 3.0 | -22.3% |
Canada | 2.4 | 1.3 | 1.7 | 2.4 | 0.0% |
Spain | 1.1 | 0.5 | 1.2 | 2.1 | 24.1% |
United Kingdom | 0.8 | 0.6 | 1.0 | 1.7 | 28.6% |
Colombia | 0.2 | 0.3 | 1.3 | 1.5 | 95.7% |
Portugal | 2.0 | 1.3 | 1.0 | 1.4 | -11.2% |
Belgium | 0.9 | 0.9 | 0.9 | 1.3 | 13.0% |
India | 1.2 | 0.1 | 1.0 | N/A | -8.7% |
Brazil | 1.9 | 1.2 | 0.1 | N/A | -77.1% |
Others | 0.9 | 1.4 | 6.8 | 0.4 | -23.7% |
Total | 30.8 | 25.2 | 30.0 | 36.4 | 5.7% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Israel in 2022:
- Turkey (12.3K tons)
- Italy (2.8K tons)
- United States (2.0K tons)
- Canada (1.6K tons)
- Spain (1.4K tons)
- United Kingdom (1.1K tons)
- Colombia (1.0K tons)
- Portugal (0.9K tons)
- Belgium (0.9K tons)
Imports of Phthalic Anhydride and Terephthalic Acid in Israel
In 2022, purchases abroad of phthalic anhydride, terephthalic acid and its salts decreased by -8.2% to 101 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, imports reached the peak of 138 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, phthalic anhydride and terephthalic acid imports totaled $130K in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Phthalic Anhydride and Terephthalic Acid in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 33.2 | 71.0 | 67.7 | 81.0 | 34.6% |
South Korea | 38.6 | 44.1 | 42.4 | 49.0 | 8.3% |
China | 7.5 | 7.7 | 6.6 | N/A | -6.2% |
Turkey | 31.2 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.7 | 1.6 | N/A | 26.5% |
Total | 111 | 124 | 118 | 130 | 5.4% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Israel in 2022:
- India (55.8 tons)
- South Korea (45.2 tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
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