Pakistan - Phenols - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Pakistan - Phenols - Market Analysis, Forecast, Size, Trends and Insights

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Phenols Price in Pakistan - 2023

Contents:

  1. Phenols Price in Pakistan (CIF) - 2022
  2. Phenols Price in Pakistan (FOB) - 2022
  3. Phenols Imports in Pakistan
  4. Phenols Exports in Pakistan

Phenols Price in Pakistan (CIF) - 2022

The average phenols import price stood at $3,711 per ton in 2022, surging by 16% against the previous year. In general, the import price saw a moderate expansion. The growth pace was the most rapid in 2017 an increase of 219%. As a result, import price attained the peak level of $5,806 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 China ($8,197 per ton), while the price for Russia ($1,613 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenols Price in Pakistan (FOB) - 2022

In 2022, the average phenols export price amounted to $1,507 per ton, declining by -3.4% against the previous year. In general, the export price faced a deep contraction. The growth pace was the most rapid in 2014 an increase of 17%. As a result, the export price reached the peak level of $5,556 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2013 to 2022, the rate of growth in terms of prices for Yemen amounted to -7.9% per year.

Phenols Imports in Pakistan

In 2022, purchases abroad of phenols decreased by -4.3% to 4.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25%. As a result, imports reached the peak of 5.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, phenols imports rose sharply to $17M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 36%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Phenols in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.07.46.39.044.2%
Taiwan (Chinese)3.53.22.42.5-10.6%
South Korea1.11.61.22.124.1%
Saudi Arabia0.2N/A0.50.965.1%
BrazilN/AN/A0.10.3200.0%
South Africa0.20.30.40.314.5%
RussiaN/A0.30.10.30.0%
India0.80.70.40.2-37.0%
Others3.53.24.11.7-21.4%
Total12.316.715.617.312.0%

Top Suppliers of Phenols to Pakistan in 2022:

  1. Taiwan (Chinese) (1204.2 tons)
  2. South Korea (1119.9 tons)
  3. China (1094.1 tons)
  4. Saudi Arabia (414.1 tons)
  5. Russia (214.6 tons)
  6. Brazil (157.3 tons)
  7. South Africa (146.1 tons)
  8. India (11.0 tons)

Phenols Exports in Pakistan

In 2022, shipments abroad of phenols was finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment.

In value terms, phenols exports declined modestly to $25K in 2022. Over the period under review, exports, however, faced a sharp shrinkage.

Export of Phenols in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/AN/AN/A0.90%
SpainN/A19.8N/AN/A0%
MalawiN/A1.6N/AN/A0%
South KoreaN/AN/A19.6N/A0%
Myanmar2.5N/AN/AN/A0%
Yemen4.7N/AN/AN/A0%
Bahrain40.0N/AN/AN/A0%
Others9.28.25.924.338.2%
Total56.529.525.525.2-23.6%

Top Export Markets for Phenols from Pakistan in 2022:

  1. Kuwait (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phenols market in Pakistan. 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 20142410 - Monophenols
  • Prodcom 20142433 - 4,4-Isopropylidenediphenol (bisphenol A, diphenylolpropane) a nd its salts
  • Prodcom 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols
  • Prodcom 20142450 - Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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