Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia - 2024
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,565 per ton, rising by 30% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $1,729 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,141 per ton), while the price for Thailand ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,555 per ton, growing by 9.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 17%. The export price peaked at $1,653 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,851 per ton), while the average price for exports to Pakistan ($1,200 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 Iran (+28.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia
In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Malaysia declined to 25K tons, with a decrease of -10% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 28K tons, and then shrank in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses soared to $40M in 2022. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 23.0 | 14.1 | 29.7 | 34.4 | 14.4% |
India | 0.4 | 1.4 | 1.1 | 1.2 | 44.2% |
China | 0.2 | 0.6 | 1.6 | 1.0 | 71.0% |
Thailand | 2.5 | N/A | N/A | 1.0 | -26.3% |
South Korea | 1.1 | 1.0 | 0.6 | 1.0 | -3.1% |
Others | 1.3 | 1.6 | 0.9 | 1.2 | -2.6% |
Total | 28.4 | 18.7 | 34.0 | 39.8 | 11.9% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Malaysia in 2022:
- Singapore (21.6K tons)
- Thailand (1.1K tons)
- India (0.7K tons)
- South Korea (0.7K tons)
- China (0.6K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia
In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Malaysia skyrocketed to 978 tons, jumping by 49% compared with the previous year. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 595% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $1.5M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 712% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 33.6 | 61.9 | 519 | 552 | 154.2% |
Indonesia | 41.8 | 49.5 | 236 | 445 | 120.0% |
Iran | 8.9 | N/A | 27.1 | 316 | 228.7% |
Pakistan | N/A | N/A | N/A | 134 | 0% |
Singapore | 10.6 | 3.3 | 28.8 | 58.1 | 76.3% |
United Arab Emirates | N/A | N/A | 53.1 | 1.3 | -97.6% |
Others | 4.6 | N/A | 68.6 | 14.0 | 44.9% |
Total | 99.5 | 115 | 932 | 1,521 | 148.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Malaysia in 2022:
- Vietnam (358.2 tons)
- Indonesia (263.1 tons)
- Iran (207.2 tons)
- Pakistan (112.0 tons)
- Singapore (31.4 tons)
- United Arab Emirates (0.6 tons)
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