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

Contents:

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

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

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $3,562 per ton in 2022, shrinking by -45.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 100%. The import price peaked at $8,711 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kenya ($6,518 per ton), while the price for South Africa ($1,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses decreased by -85% to 1.1 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 207%. As a result, imports attained the peak of 10 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses shrank sharply to $4K in 2022. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 171%. As a result, imports attained the peak of $59K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19.645.315.02.7-48.4%
KenyaN/AN/A31.20.7-97.8%
United StatesN/AN/AN/A0.40%
South Africa0.16.71.00.226.0%
Others2.06.92.6N/A14.0%
Total21.758.949.94.0-43.1%

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

  1. India (686.0 kg)
  2. United States (210.0 kg)
  3. South Africa (129.0 kg)
  4. Kenya (110.0 kg)

Source: IndexBox Market Intelligence Platform

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