Price for Monophenols; Cresols and Their Salts in the United Arab Emirates - 2021

Contents:

  1. Price for Monophenols; Cresols and Their Salts in the United Arab Emirates (CIF) - 2022
  2. Price for Monophenols; Cresols and Their Salts in the United Arab Emirates (FOB) - 2022
  3. Imports of Monophenols; Cresols and Their Salts in the United Arab Emirates
  4. Exports of Monophenols; Cresols and Their Salts in the United Arab Emirates

Price for Monophenols; Cresols and Their Salts in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for monophenols; cresols and their saltses amounted to $4,084 per ton, with a decrease of -14.1% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 91% against the previous year. The import price peaked at $8,062 per ton in 2018; however, from 2019 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 France ($47,620 per ton), while the price for Singapore ($1,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Monophenols; Cresols and Their Salts in the United Arab Emirates (FOB) - 2022

The average export price for monophenols; cresols and their saltses stood at $1,543 per ton in 2022, which is down by -5.3% against the previous year. In general, the export price saw a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,254 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($2,406 per ton), while the average price for exports to India stood at $1,094 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-7.8%).

Imports of Monophenols; Cresols and Their Salts in the United Arab Emirates

After three years of growth, purchases abroad of monophenols; cresols and their saltses decreased by -14.8% to 37 tons in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 149% against the previous year.

In value terms, monophenols; cresols and their salts imports declined dramatically to $152K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 124% against the previous year.

Import of Monophenols; Cresols and Their Salts in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.520.960.051.564.8%
China12.142.230.544.954.8%
Germany12.119.830.234.341.5%
Singapore5.79.58.214.636.8%
Switzerland1.13.35.65.166.7%
DenmarkN/A0.25.5N/A2650.0%
Others0.50.367.01.337.5%
Total43.096.220715252.3%

Top Suppliers of Monophenols; Cresols and Their Salts to the United Arab Emirates in 2022:

  1. Germany (22.1 tons)
  2. Singapore (10.7 tons)
  3. China (1.6 tons)
  4. Switzerland (1.5 tons)
  5. France (1.1 tons)

Exports of Monophenols; Cresols and Their Salts in the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded growth in shipments abroad of monophenols; cresols and their saltses, which increased by 5.3% to 19 tons in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 167%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, monophenols; cresols and their salts exports contracted modestly to $29K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 238% against the previous year.

Export of Monophenols; Cresols and Their Salts in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran3.414.915.015.766.5%
India4.214.414.513.748.3%
Uzbekistan1.0N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total8.729.329.529.450.1%

Top Export Markets for Monophenols; Cresols and Their Salts from the United Arab Emirates in 2022:

  1. India (12.5 tons)
  2. Iran (6.5 tons)

Source: IndexBox Market Intelligence Platform

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