Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia - 2024

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (CIF) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Malaysia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore23.014.129.734.414.4%
India0.41.41.11.244.2%
China0.20.61.61.071.0%
Thailand2.5N/AN/A1.0-26.3%
South Korea1.11.00.61.0-3.1%
Others1.31.60.91.2-2.6%
Total28.418.734.039.811.9%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Malaysia in 2022:

  1. Singapore (21.6K tons)
  2. Thailand (1.1K tons)
  3. India (0.7K tons)
  4. South Korea (0.7K tons)
  5. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam33.661.9519552154.2%
Indonesia41.849.5236445120.0%
Iran8.9N/A27.1316228.7%
PakistanN/AN/AN/A1340%
Singapore10.63.328.858.176.3%
United Arab EmiratesN/AN/A53.11.3-97.6%
Others4.6N/A68.614.044.9%
Total99.51159321,521148.2%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Malaysia in 2022:

  1. Vietnam (358.2 tons)
  2. Indonesia (263.1 tons)
  3. Iran (207.2 tons)
  4. Pakistan (112.0 tons)
  5. Singapore (31.4 tons)
  6. United Arab Emirates (0.6 tons)

Source: IndexBox Market Intelligence Platform

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