Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada - 2023
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (CIF) - 2022
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (FOB) - 2022
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada
- Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (CIF) - 2022
In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $1,152 per ton, which is down by -4.3% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 3.4% against the previous year. The import price peaked at $1,502 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,152 per ton), while the price for Taiwan (Chinese) amounted to $1,152 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.6%).
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (FOB) - 2022
The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $1,442 per ton in 2022, declining by -40.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 115% against the previous year. As a result, the export price attained the peak level of $3,947 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($1,457 per ton) and Bulgaria ($1,455 per ton), while the average price for exports to Bangladesh ($1,421 per ton) and Hong Kong SAR ($1,431 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada
In 2022, the amount of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves imported into Canada expanded significantly to 4.2K tons, surging by 11% against the year before. In general, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 63%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves rose significantly to $4.9M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.8 | 2.6 | 4.5 | 4.8 | 19.7% |
Taiwan (Chinese) | N/A | 0.1 | N/A | 0.1 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.8 | 2.7 | 4.6 | 4.9 | 20.5% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Canada in 2022:
- United States (4.2K tons)
Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada
After three years of growth, overseas shipments of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -75.2% to 4.4 tons in 2022. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 174% against the previous year.
In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves shrank significantly to $6.3K in 2022. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 221% against the previous year. As a result, the exports attained the peak of $43K, and then fell dramatically in the following year.
Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | 1.5 | 3.7 | 2.0 | 15.5% |
Bulgaria | N/A | 1.2 | 1.4 | 1.3 | 4.1% |
France | 0.1 | N/A | 0.8 | 1.2 | 128.9% |
China | N/A | 0.7 | 1.7 | 0.6 | -7.4% |
Bangladesh | N/A | N/A | 0.2 | 0.5 | 150.0% |
Japan | N/A | N/A | 0.5 | 0.4 | -20.0% |
Italy | N/A | N/A | 0.1 | 0.2 | 100.0% |
India | N/A | N/A | N/A | 0.1 | 0% |
Germany | 0.4 | 1.1 | 7.1 | 0.1 | -37.0% |
Norway | N/A | 1.0 | 0.3 | N/A | -70.0% |
Vietnam | N/A | 4.0 | 3.0 | N/A | -25.0% |
United States | 3.6 | N/A | 23.6 | N/A | 156.0% |
Singapore | 4.3 | 3.8 | N/A | N/A | -11.6% |
Others | 0.3 | N/A | 0.6 | N/A | 41.4% |
Total | 8.7 | 13.4 | 43.1 | 6.3 | -10.2% |
Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Canada in 2022:
- Hong Kong SAR (1404.0 kg)
- Bulgaria (872.0 kg)
- France (823.0 kg)
- China (444.0 kg)
- Bangladesh (321.0 kg)
- Japan (271.0 kg)
- Italy (116.0 kg)
- India (71.0 kg)
- Germany (70.0 kg)
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The Monophenols market showed significant growth in January 2023, with a month-to-month increase of 57%. However, imports declined in value to $5.8M in December 2023.
In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.