Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal - 2022

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal (CIF) - 2022
  2. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal (CIF) - 2022

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,680 per ton in 2022, increasing by 13% against the previous year. In general, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $1,942 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1,721 per ton), while the price for India stood at $1,679 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced a decline.

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal

In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Nepal skyrocketed to 1.6K tons, surging by 54% compared with the year before. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $2.7M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6335371,4532,61860.5%
South Africa87.144.962.876.1-4.4%
Saudi Arabia20.023.825.9N/A13.8%
OthersN/AN/A0.4N/A0%
Total7406061,5422,69453.8%

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

  1. India (1559.5 tons)
  2. South Africa (44.2 tons)

Source: IndexBox Market Intelligence Platform

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