Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Australia - 2023

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (CIF) - 2023
  2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (FOB) - 2022
  3. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia
  4. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (CIF) - 2023

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,349 per ton in December 2023, dropping by -33.8% against the previous month. In general, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 1,164% m-o-m. The import price peaked at $182K per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($7,030 per ton), while the price for China amounted to $1,703 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (FOB) - 2022

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $3,102 per ton in 2022, reducing by -9% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 0.4%. Over the period under review, the average export prices reached the peak figure at $18,395 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($70,296 per ton), while the average price for exports to Germany totaled $1,711 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+13.7%).

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia

In 2022, purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by 30% to 231 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $1.5M in 2022. Over the period under review, imports, however, showed a noticeable slump.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany596654437509-5.1%
China793601512408-19.9%
Indonesia15.02.176.5286167.2%
Mexico69.810710616132.1%
India17.120897.810683.7%
France47.21.82.0N/A-79.4%
Others55.410835.124.5-23.8%
Total1,5931,6821,2661,494-2.1%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Australia in 2022:

  1. Germany (110.1 tons)
  2. Indonesia (58.8 tons)
  3. China (39.0 tons)
  4. India (10.4 tons)
  5. Mexico (10.1 tons)

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves exported from Australia skyrocketed to 9.6 tons, growing by 941% on 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $30K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A16.10%
United Arab Emirates9.011.03.1N/A-41.3%
Others0.20.3N/A13.6308.2%
Total9.211.33.129.747.8%

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Australia in 2022:

  1. Germany (9.4 tons)

Source: IndexBox Market Intelligence Platform

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