Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China - 2023
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (CIF) - 2022
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (FOB) - 2022
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China
- Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (CIF) - 2022
The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $1,964 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The import price peaked at $2,204 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 countries with the highest prices were Taiwan (Chinese) ($2,334 per ton) and the United States ($2,147 per ton), while the price for Japan ($1,760 per ton) and South Korea ($2,080 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.0%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (FOB) - 2022
The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,459 per ton in 2022, rising by 25% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 84%. Over the period under review, the average export prices hit record highs at $7,556 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,469 per ton), while the average price for exports to Malaysia ($1,876 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China
In 2022, the amount of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves imported into China contracted to 18K tons, waning by -2.2% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% 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 +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports attained the peak of 18K tons, and then contracted modestly in the following year.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $35M in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 79%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 17.4 | 8.8 | 13.0 | 13.5 | -8.1% |
| South Korea | 3.7 | 4.5 | 9.4 | 10.6 | 42.0% |
| United States | N/A | 0.4 | 3.2 | 10.3 | 407.4% |
| Taiwan (Chinese) | 3.0 | 1.7 | 1.5 | 0.6 | -41.5% |
| Others | 0.1 | 0.3 | 0.9 | N/A | 200.0% |
| Total | 24.2 | 15.7 | 28.1 | 35.0 | 13.1% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to China in 2022:
- Japan (7.7K tons)
- South Korea (5.1K tons)
- United States (4.8K tons)
- Taiwan (Chinese) (0.3K tons)
Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China
In 2022, after three years of growth, there was significant decline in overseas shipments of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves, when their volume decreased by -59.9% to 767 tons. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,838%. As a result, the exports attained the peak of 1.9K tons, and then reduced dramatically in the following year.
In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves declined dramatically to $1.9M in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,552%. As a result, the exports reached the peak of $3.8M, and then declined rapidly in the following year.
| Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | 217 | 519 | 139.2% |
| Indonesia | 6.7 | 6.1 | 1,182 | 471 | 312.7% |
| United Arab Emirates | N/A | 2.6 | 321 | 350 | 1060.2% |
| South Korea | 24.7 | N/A | N/A | 293 | 128.1% |
| United States | 248 | 59.8 | 31.4 | 97.0 | -26.9% |
| Turkey | N/A | 79.2 | 12.2 | 47.5 | -22.6% |
| Mexico | N/A | 76.7 | 101 | 37.8 | -29.8% |
| Malaysia | N/A | N/A | 1,621 | 6.7 | -99.6% |
| South Africa | N/A | N/A | 84.4 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 82.5 | N/A | 0% |
| Others | 11.2 | 3.9 | 119 | 65.2 | 79.9% |
| Total | 291 | 228 | 3,772 | 1,887 | 86.5% |
Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from China in 2022:
- Brazil (207.7 tons)
- Indonesia (198.8 tons)
- United Arab Emirates (146.2 tons)
- South Korea (133.3 tons)
- Turkey (23.1 tons)
- United States (21.7 tons)
- Mexico (15.4 tons)
- Malaysia (3.6 tons)
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