Phenols; Phenol-Alcohols Price in New Zealand - 2023

Phenols; Phenol-Alcohols Price in New Zealand (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $2,164 per ton, with an increase of 30% against the previous year. Overall, the import price saw a modest expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 41%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,171 per ton), while the price for South Korea ($1,409 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenols; Phenol-Alcohols Price in New Zealand (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $2,057 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 78%. The export price peaked at $5,298 per ton in 2014; however, from 2015 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 ($3,285 per ton), while the average price for exports to Australia amounted to $1,658 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+45.7%).

Phenols; Phenol-Alcohols Imports in New Zealand

In 2022, approx. 4.4K tons of phenols; phenol-alcoholses were imported into New Zealand; which is down by -20.8% against 2021. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 5.6K tons, and then shrank dramatically in the following year.

In value terms, phenols; phenol-alcohols imports expanded slightly to $9.5M in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Phenols; Phenol-Alcohols in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.2	1.3	3.4	4.4	11.2%
Netherlands	N/A	0.1	0.7	2.1	358.3%
South Africa	1.4	0.5	0.9	1.5	2.3%
China	0.1	1.2	1.5	0.9	108.0%
Taiwan (Chinese)	N/A	0.2	0.1	0.3	22.5%
South Korea	1.2	N/A	1.5	N/A	11.8%
Others	0.4	1.0	1.2	0.4	0.0%
Total	6.3	4.2	9.3	9.5	14.7%

Top Suppliers of Phenols; Phenol-Alcohols to New Zealand in 2022:

Japan (2651.9 tons)
South Africa (926.7 tons)
China (382.9 tons)
Taiwan (Chinese) (184.6 tons)
Netherlands (136.5 tons)
South Korea (3.0 tons)

Phenols; Phenol-Alcohols Exports in New Zealand

In 2022, approx. 206 tons of phenols; phenol-alcoholses were exported from New Zealand; which is down by -18.4% on the previous year's figure. In general, exports saw a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 35%. As a result, the exports reached the peak of 253 tons, and then declined remarkably in the following year.

In value terms, phenols; phenol-alcohols exports reduced rapidly to $425K in 2022. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year. As a result, the exports attained the peak of $514K, and then dropped rapidly in the following year.