Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,512 per ton in 2022, surging by 24% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices hit record highs at $1,623 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($1,936 per ton) and Taiwan (Chinese) ($1,703 per ton), while the price for India ($1,421 per ton) and South Africa ($1,447 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (FOB) - 2022
In March 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $12,178 per ton, dropping by -3.7% against the previous month. Overall, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 129% m-o-m. As a result, the export price attained the peak level of $22,412 per ton. From September 2021 to March 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($37,094 per ton), while the average price for exports to Germany ($4,801 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia
Imports of monophenols; phenol (hydroxybenzene) and its saltses into Indonesia stood at 22K tons in 2022, remaining relatively unchanged against the previous year. Overall, imports, however, recorded a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 30%.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses soared to $34M in 2022. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 16.5 | 8.7 | 15.4 | 17.7 | 2.4% |
| Thailand | 8.2 | 3.4 | 8.4 | 10.6 | 8.9% |
| China | 0.3 | 0.5 | 0.3 | 1.4 | 67.1% |
| Taiwan (Chinese) | 2.1 | 0.9 | 1.3 | 1.2 | -17.0% |
| India | 0.1 | 0.6 | 0.3 | 1.0 | 115.4% |
| South Korea | 1.1 | 0.8 | 0.5 | 0.8 | -10.1% |
| South Africa | 0.2 | N/A | 0.2 | 0.7 | 51.8% |
| Others | 0.3 | 0.2 | 0.6 | 0.3 | 0.0% |
| Total | 28.8 | 15.0 | 26.9 | 33.6 | 5.3% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Indonesia in 2022:
- Singapore (12.0K tons)
- Thailand (6.9K tons)
- China (0.9K tons)
- Taiwan (Chinese) (0.7K tons)
- India (0.7K tons)
- South Africa (0.5K tons)
- South Korea (0.4K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia
In 2022, approx. 237 tons of monophenols; phenol (hydroxybenzene) and its saltses were exported from Indonesia; surging by 33% compared with 2021. The total export volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses rose rapidly to $2.8M in 2022. In general, exports, however, continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $4.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 917 | 2,317 | 1,119 | 987 | 2.5% |
| France | N/A | 189 | 212 | 342 | 34.5% |
| Spain | 143 | 212 | 139 | 277 | 24.7% |
| Netherlands | 614 | 805 | 262 | 214 | -29.6% |
| China | 123 | 124 | 173 | 166 | 10.5% |
| Germany | 265 | 120 | 23.7 | 149 | -17.5% |
| Singapore | 75.2 | 133 | 112 | 116 | 15.5% |
| Philippines | 22.6 | 22.6 | 45.3 | 90.4 | 58.7% |
| Switzerland | 61.2 | 52.2 | 47.2 | 81.8 | 10.2% |
| Turkey | 9.9 | 39.9 | 23.0 | 51.7 | 73.5% |
| Brazil | 66.4 | 58.1 | 44.1 | 42.6 | -13.8% |
| Canada | 0.8 | 9.6 | 33.6 | 35.1 | 252.7% |
| Nigeria | 234 | N/A | N/A | N/A | 0% |
| Others | 343 | 538 | 246 | 229 | -12.6% |
| Total | 2,876 | 4,622 | 2,479 | 2,781 | -1.1% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Indonesia in 2022:
- United States (77.4 tons)
- Spain (29.8 tons)
- Germany (27.5 tons)
- China (20.7 tons)
- France (18.3 tons)
- Philippines (12.0 tons)
- Netherlands (8.3 tons)
- Canada (7.4 tons)
- Singapore (7.0 tons)
- Brazil (4.3 tons)
- Switzerland (4.2 tons)
- Turkey (4.1 tons)
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