Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa - 2024
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (FOB) - 2024
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (CIF) - 2022
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (FOB) - 2024
In January 2024, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $828 per ton, which is down by -2.7% against the previous month. In general, the export price saw a mild reduction. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 11% m-o-m. The export price peaked at $1,023 per ton in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In January 2024, the country with the highest price was Brazil ($929 per ton), while the average price for exports to India amounted to $810 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $7,637 per ton in 2022, shrinking by -11.9% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 88%. As a result, import price reached the peak level of $21,878 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($40,518 per ton), while the price for Taiwan (Chinese) ($6,089 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.2%), while the prices for the other major suppliers experienced a decline.
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa
In 2022, approx. 25K tons of monophenols; phenol (hydroxybenzene) and its saltses were exported from South Africa; falling by -10.7% compared with 2021 figures. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 22%.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses reached $31M in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 20.3 | 9.8 | 23.7 | 24.7 | 6.8% |
| Brazil | 1.8 | 0.9 | 1.4 | 1.5 | -5.9% |
| New Zealand | 0.9 | 0.5 | 0.8 | 1.2 | 10.1% |
| Egypt | 0.5 | 0.1 | 0.8 | 1.1 | 30.1% |
| Gabon | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Argentina | 1.1 | 0.5 | 0.7 | 0.7 | -14.0% |
| Belgium | 7.0 | 9.1 | 1.1 | N/A | -60.4% |
| Taiwan (Chinese) | 3.5 | 2.5 | 0.8 | N/A | -52.2% |
| Others | 2.0 | 1.7 | 1.7 | 1.4 | -11.2% |
| Total | 37.0 | 25.2 | 31.0 | 31.3 | -5.4% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from South Africa in 2022:
- India (19.9K tons)
- Brazil (1.3K tons)
- New Zealand (1.0K tons)
- Egypt (0.9K tons)
- Argentina (0.6K tons)
- Gabon (0.5K tons)
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa
For the fourth year in a row, South Africa recorded growth in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, which increased by 174% to 22 tons in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 489%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $171K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | 24.0 | 16.0 | 125 | 128.2% |
| France | 1.6 | 7.0 | 24.1 | 34.4 | 178.1% |
| India | N/A | 0.1 | 0.1 | 5.4 | 634.8% |
| United Kingdom | 11.0 | 0.7 | 27.6 | 1.4 | -49.7% |
| Others | 6.6 | 10.9 | 3.1 | 5.3 | -7.1% |
| Total | 19.2 | 42.7 | 70.9 | 171 | 107.3% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to South Africa in 2022:
- Taiwan (Chinese) (20.5 tons)
- France (0.8 tons)
- India (0.8 tons)
- United Kingdom (0.1 tons)
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