Price for Monophenols; Naphthols and Their Salts in China - 2023
Contents:
- Price for Monophenols; Naphthols and Their Salts in China (FOB) - 2022
- Price for Monophenols; Naphthols and Their Salts in China (CIF) - 2022
- Exports of Monophenols; Naphthols and Their Salts in China
- Imports of Monophenols; Naphthols and Their Salts in China
Price for Monophenols; Naphthols and Their Salts in China (FOB) - 2022
The average export price for monophenols; naphthols and their saltses stood at $1,571 per ton in 2022, dropping by -46% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2018 when the average export price increased by 26% against the previous year. The export price peaked at $3,204 per ton in 2013; however, from 2014 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 the United States ($2,732 per ton), while the average price for exports to India ($1,365 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 the United States (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Monophenols; Naphthols and Their Salts in China (CIF) - 2022
In 2022, the average import price for monophenols; naphthols and their saltses amounted to $8,456 per ton, jumping by 29% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth was the most pronounced in 2013 an increase of 101% against the previous year. Over the period under review, average import prices reached the maximum at $18,783 per ton in 2016; however, from 2017 to 2022, import prices stood 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 Taiwan (Chinese) ($21,560 per ton), while the price for Germany ($3,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Monophenols; Naphthols and Their Salts in China
For the fourth year in a row, China recorded growth in overseas shipments of monophenols; naphthols and their saltses, which increased by 44% to 48K tons in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, monophenols; naphthols and their salts exports contracted significantly to $75M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of $97M, and then fell remarkably in the following year.
| Export of Monophenols; Naphthols and Their Salts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.5 | 36.3 | 58.2 | 50.6 | 11.5% |
| Japan | 16.4 | 23.0 | 26.8 | 9.7 | -16.1% |
| United States | 1.9 | 3.7 | 4.1 | 8.8 | 66.7% |
| Netherlands | 0.2 | 0.5 | 1.3 | 1.1 | 76.5% |
| Others | 4.0 | 5.4 | 6.5 | 5.1 | 8.4% |
| Total | 59.0 | 68.9 | 97.0 | 75.3 | 8.5% |
Top Export Markets for Monophenols; Naphthols and Their Salts from China in 2022:
- India (37.1K tons)
- Japan (4.8K tons)
- United States (3.2K tons)
- Netherlands (0.8K tons)
Imports of Monophenols; Naphthols and Their Salts in China
Monophenols; naphthols and their salts imports into China soared to 39 tons in 2022, growing by 38% against the year before. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 119%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, monophenols; naphthols and their salts imports surged to $328K in 2022. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 108%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Monophenols; Naphthols and Their Salts in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 61.5 | 0.5 | 19.6 | 164 | 38.7% |
| Germany | 72.8 | 43.2 | 95.4 | 95.0 | 9.3% |
| Taiwan (Chinese) | 62.3 | 26.1 | 49.6 | 44.9 | -10.3% |
| Others | 32.4 | 18.9 | 20.0 | 24.0 | -9.5% |
| Total | 229 | 88.7 | 185 | 328 | 12.7% |
Top Suppliers of Monophenols; Naphthols and Their Salts to China in 2022:
- Germany (24.9 tons)
- India (11.6 tons)
- Taiwan (Chinese) (2.1 tons)
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