Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan - 2023
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (FOB) - 2023
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (CIF) - 2023
- Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (FOB) - 2023
In November 2023, the average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $1,453 per ton, remaining constant against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 5.2% m-o-m. The export price peaked at $1,700 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In November 2023, the country with the highest price was South Korea ($1,896 per ton), while the average price for exports to China ($1,442 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (CIF) - 2023
In November 2023, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $1,706 per ton, declining by -2.3% against the previous month. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 6.6% against the previous month. Over the period under review, average import prices hit record highs at $2,293 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From November 2022 to November 2023, the rate of growth in terms of prices for South Korea amounted to -2.0% per month.
Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan
In 2022, approx. 9.1K tons of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves were exported from Japan; declining by -20.2% on the previous year's figure. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.
In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves fell to $15M in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 49%.
| Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 8.6 | 12.1 | 12.0 | -8.2% |
| Taiwan (Chinese) | 0.8 | 0.5 | 0.7 | 0.9 | 4.0% |
| India | 0.4 | 0.3 | 1.3 | 0.9 | 31.0% |
| Vietnam | N/A | 0.4 | 0.6 | 0.8 | 41.4% |
| South Korea | 1.8 | 1.1 | 1.1 | 0.7 | -27.0% |
| United States | 0.3 | 0.6 | 0.9 | 0.2 | -12.6% |
| Others | 0.2 | N/A | 0.3 | N/A | 22.5% |
| Total | 18.9 | 11.4 | 17.0 | 15.5 | -6.4% |
Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Japan in 2022:
- China (7.3K tons)
- Taiwan (Chinese) (0.5K tons)
- India (0.4K tons)
- Vietnam (0.4K tons)
- South Korea (0.3K tons)
- United States (0.1K tons)
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan
For the third year in a row, Japan recorded decline in purchases abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves, which decreased by -20.8% to 2.3K tons in 2022. Over the period under review, imports saw a deep reduction. The smallest decline of -1.3% was in 2021.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $5.1M in 2022. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.0 | 3.5 | 4.2 | 4.8 | -1.4% |
| South Korea | 0.6 | 0.3 | 0.6 | 0.4 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 3.8 | 4.8 | 5.1 | -3.1% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Japan in 2022:
- Taiwan (Chinese) (2.2K tons)
- South Korea (0.2K tons)
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