Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Iran - 2022

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Iran (CIF) - 2022
  2. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Iran

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

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $20,732 per ton in 2022, picking up by 87% against the previous year. Over the period under review, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($353,176 per ton), while the price for India ($5,949 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 Arab Emirates (+1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -50.2% to 58 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 98%. As a result, imports reached the peak of 238 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves fell to $1.2M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 98% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A190617811106.6%
United Kingdom426784250265-14.6%
China5761,06033865.2-51.6%
United Arab Emirates13617539.319.9-47.3%
India14.964.712.33.7-37.1%
Others22.655.326.529.59.3%
Total1,1762,3291,2831,1940.5%

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

  1. United Kingdom (44.3 tons)
  2. China (7.6 tons)
  3. United Arab Emirates (2.5 tons)
  4. Switzerland (2.3 tons)
  5. India (0.6 tons)

Source: IndexBox Market Intelligence Platform

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