Phenols; Phenol-Alcohols Price in Australia - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Australia (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Australia (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Australia
- Phenols; Phenol-Alcohols Exports in Australia
Phenols; Phenol-Alcohols Price in Australia (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $1,936 per ton, rising by 12% against the previous year. In general, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 61%. The import price peaked at $2,335 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,311 per ton), while the price for South Korea ($1,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Australia (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $3,624 per ton, declining by -13.1% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 185%. The export price peaked at $8,844 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($7,736 per ton), while the average price for exports to New Zealand ($3,011 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 Fiji (+5.3%), while the prices for the other major destinations experienced a decline.
Phenols; Phenol-Alcohols Imports in Australia
In 2022, overseas purchases of phenols; phenol-alcoholses decreased by -9.2% to 12K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, phenols; phenol-alcohols imports amounted to $22M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Phenols; Phenol-Alcohols in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.8 | 1.9 | 3.1 | 6.6 | 102.1% |
| Taiwan (Chinese) | 1.4 | 1.8 | 2.4 | 4.0 | 41.9% |
| Singapore | 6.8 | 5.3 | 10.5 | 3.3 | -21.4% |
| Japan | 2.0 | 1.3 | 0.1 | 2.7 | 10.5% |
| United States | 0.5 | 0.6 | 1.3 | 1.2 | 33.9% |
| India | 0.7 | 0.9 | 0.7 | 0.4 | -17.0% |
| Others | 3.1 | 3.9 | 4.2 | 4.2 | 10.7% |
| Total | 15.3 | 15.7 | 22.2 | 22.5 | 13.7% |
Top Suppliers of Phenols; Phenol-Alcohols to Australia in 2022:
- South Korea (4.8K tons)
- Singapore (2.3K tons)
- Japan (1.8K tons)
- Taiwan (Chinese) (1.6K tons)
- United States (0.3K tons)
- India (0.2K tons)
Phenols; Phenol-Alcohols Exports in Australia
In 2022, shipments abroad of phenols; phenol-alcoholses was finally on the rise to reach 14 tons after two years of decline. Overall, exports, however, continue to indicate a deep contraction.
In value terms, phenols; phenol-alcohols exports expanded markedly to $50K in 2022. In general, exports, however, saw a precipitous slump.
| Export of Phenols; Phenol-Alcohols in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 17.6 | 17.6 | 10.9 | 34.4 | 25.0% |
| Fiji | N/A | 2.7 | 12.8 | 7.0 | 61.0% |
| Papua New Guinea | 0.2 | 1.3 | 4.2 | 5.4 | 200.0% |
| New Caledonia | 16.9 | 0.6 | 0.3 | 1.0 | -61.0% |
| Singapore | 28.2 | 18.3 | N/A | 0.8 | -69.5% |
| Germany | 8.2 | 9.2 | N/A | N/A | 12.2% |
| Timor-Leste | 18.3 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 14.8 | N/A | 0% |
| Others | 8.5 | 3.1 | 1.5 | 1.3 | -46.5% |
| Total | 97.9 | 52.8 | 44.4 | 49.9 | -20.1% |
Top Export Markets for Phenols; Phenol-Alcohols from Australia in 2022:
- Singapore (undefined tons)
- New Zealand (11.4 tons)
- Papua New Guinea (1.3 tons)
- Fiji (0.9 tons)
- New Caledonia (0.1 tons)
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