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Report CIS - Phthalic Anhydride, Terephthalic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

CIS - Phthalic Anhydride, Terephthalic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Market for Phthalic Anhydride, Terephthalic Acid And Its Salts 2024

Market Size for Phthalic Anhydride, Terephthalic Acid And Its Salts in CIS

After two years of decline, the CIS market for phthalic anhydride, terephthalic acid and its salts increased by 4.6% to $X in 2021. In general, consumption saw a abrupt setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Phthalic Anhydride, Terephthalic Acid And Its Salts in CIS

In value terms, phthalic anhydride and terephthalic acid production rose sharply to $X in 2021 estimated in export price. Overall, production recorded a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of 8.6%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Phthalic Anhydride, Terephthalic Acid And Its Salts

Exports in CIS

In 2021, overseas shipments of phthalic anhydride, terephthalic acid and its salts increased by 39% to X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, phthalic anhydride and terephthalic acid exports skyrocketed to $X in 2021. Overall, exports showed a noticeable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the major exporting country with an export of around X tons, which resulted at 61% of total exports. It was distantly followed by Belarus (X tons), comprising a 39% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +11.3%).

In value terms, the largest phthalic anhydride and terephthalic acid supplying countries in the CIS were Russia ($X) and Belarus ($X).

Among the main exporting countries, Belarus, with a CAGR of +8.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, increasing by 43% against the previous year. In general, the export price, however, saw a pronounced downturn. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-2.4%).

Imports of Phthalic Anhydride, Terephthalic Acid And Its Salts

Imports in CIS

In 2021, imports of phthalic anhydride, terephthalic acid and its salts in the CIS shrank modestly to X tons, stabilizing at 2020 figures. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 48%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, phthalic anhydride and terephthalic acid imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) represented the major importer of phthalic anhydride, terephthalic acid and its salts, comprising 83% of total imports. It was distantly followed by Belarus (X tons), achieving a 16% share of total imports.

Russia was also the fastest-growing in terms of the phthalic anhydride, terephthalic acid and its salts imports, with a CAGR of +9.9% from 2012 to 2021. At the same time, Belarus (+2.8%) displayed positive paces of growth. Russia (+9.6 p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by -10.1% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported phthalic anhydride, terephthalic acid and its salts in the CIS, comprising 82% of total imports. The second position in the ranking was held by Belarus ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +4.2%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, with an increase of 31% against the previous year. In general, the import price, however, saw a abrupt downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-5.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Russia constituted the country with the largest volume of phthalic anhydride and terephthalic acid consumption, accounting for 90% of total volume. Moreover, phthalic anhydride and terephthalic acid consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, more than tenfold. Tajikistan ranked third in terms of total consumption with a 2.8% share.
Russia constituted the country with the largest volume of phthalic anhydride and terephthalic acid production, comprising approx. 88% of total volume. Moreover, phthalic anhydride and terephthalic acid production in Russia exceeded the figures recorded by the second-largest producer, Belarus, more than tenfold. Tajikistan ranked third in terms of total production with a 3.3% share.
In value terms, Russia remains the largest phthalic anhydride and terephthalic acid supplier in the CIS, comprising 76% of total exports. The second position in the ranking was occupied by Belarus, with a 24% share of total exports.
In value terms, Russia constitutes the largest market for imported phthalic anhydride, terephthalic acid and its salts in the CIS, comprising 91% of total imports. The second position in the ranking was occupied by Belarus, with a 7.8% share of total imports.
In 2021, the nd its salts in the CIS amounted to $1,043 per ton, with an increase of 50% against the previous year.
In 2021, the nd its salts in the CIS amounted to $749 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in CIS. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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