Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK - 2023

Contents:

  1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (FOB) - 2023
  2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (CIF) - 2022
  3. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK
  4. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (FOB) - 2023

The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,317 per ton in November 2023, with a decrease of -5.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 35% month-to-month. Over the period under review, the average export prices reached the maximum at $2,816 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($2,419 per ton), while the average price for exports to Belgium ($1,528 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (CIF) - 2022

In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $3,258 per ton, jumping by 39% against the previous year. Overall, the import price, however, showed a noticeable downturn. Over the period under review, average import prices attained the maximum at $4,826 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($6,076 per ton), while the price for Germany ($3,044 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK

Exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves from the UK skyrocketed to 11K tons in 2022, growing by 20% on the previous year. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves skyrocketed to $23M in 2022. The total export value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.55.48.69.319.1%
Ireland6.97.14.09.210.1%
Belgium0.90.30.11.826.0%
France2.32.82.11.1-21.8%
Spain0.60.60.50.3-20.6%
Others1.31.22.51.67.2%
Total17.417.417.923.410.4%

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from the UK in 2022:

  1. Ireland (4.7K tons)
  2. Portugal (4.3K tons)
  3. Belgium (1.0K tons)
  4. France (0.5K tons)
  5. Spain (0.1K tons)

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK

In 2022, overseas purchases of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by 10% to 116 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp slump.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $377K in 2022. In general, imports, however, faced a precipitous setback.

Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany612572168174-34.2%
PolandN/AN/AN/A1670%
Switzerland26.328.4N/A29.94.4%
Spain11519.378.4N/A-17.4%
United States738N/AN/AN/A0%
Netherlands57.80.8N/AN/A-98.6%
Others0.90.90.86.795.3%
Total1,551621247377-37.6%

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to the UK in 2022:

  1. Germany (57.0 tons)
  2. Poland (53.0 tons)
  3. Switzerland (4.9 tons)

Source: IndexBox Market Intelligence Platform

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