Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam - 2022
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam (CIF) - 2022
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam (CIF) - 2022
The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,519 per ton in 2022, increasing by 31% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by +64.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($2,519 per ton) and Taiwan (Chinese) ($2,519 per ton), while the price for China ($2,519 per ton) and South Korea ($2,519 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam
In 2022, the amount of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves imported into Vietnam stood at 683 tons, increasing by 8.7% on 2021. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of 802 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $1.7M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 193 | 247 | 374 | 885 | 66.1% |
| South Korea | 146 | 336 | 257 | 624 | 62.3% |
| Taiwan (Chinese) | 83.9 | 78.5 | 63.6 | 134 | 16.9% |
| Poland | N/A | 4.6 | 10.0 | 50.4 | 231.0% |
| Russia | 104 | 84.3 | 96.3 | N/A | -3.8% |
| India | 28.5 | 23.6 | 27.6 | N/A | -1.6% |
| Indonesia | 429 | 362 | 341 | N/A | -10.8% |
| Others | 19.4 | 89.2 | 39.9 | 26.6 | 11.1% |
| Total | 1,003 | 1,225 | 1,210 | 1,719 | 19.7% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Vietnam in 2022:
- Japan (351.1 tons)
- South Korea (247.7 tons)
- Taiwan (Chinese) (53.2 tons)
- Poland (20.0 tons)
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