Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Japan - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (FOB) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (CIF) - 2023
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $7,571 per ton in 2022, rising by 8.8% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by +67.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($37,727 per ton), while the average price for exports to the Philippines ($5,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (CIF) - 2023
In November 2023, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $4,550 per ton, waning by -2.7% against the previous month. In general, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in September 2023 an increase of 136% m-o-m. As a result, import price reached the peak level of $9,239 per ton. From October 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,697 per ton), while the price for the United States ($2,762 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Jordan (-1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan
Exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves from Japan reduced to 7K tons in 2022, falling by -7.8% compared with the previous year's figure. In general, exports saw a abrupt slump. The smallest decline of -1.7% was in 2020.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $53M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 15.5 | 13.3 | 13.9 | -4.8% |
| South Korea | 10.8 | 10.9 | 13.4 | 11.2 | 1.2% |
| Taiwan (Chinese) | 7.2 | 7.5 | 7.3 | 10.9 | 14.8% |
| United States | 3.0 | 3.9 | 8.1 | 7.0 | 32.6% |
| Philippines | 1.1 | 0.9 | 1.6 | 2.6 | 33.2% |
| Thailand | 0.8 | 1.4 | 1.6 | 1.7 | 28.6% |
| Others | 5.2 | 4.3 | 7.5 | 5.6 | 2.5% |
| Total | 44.1 | 44.5 | 52.7 | 52.9 | 6.3% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Japan in 2022:
- China (2393.2 tons)
- South Korea (1828.3 tons)
- Taiwan (Chinese) (1679.0 tons)
- Philippines (453.1 tons)
- Thailand (242.6 tons)
- United States (222.0 tons)
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan
Imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into Japan surged to 4.8K tons in 2022, picking up by 17% on 2021 figures. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $31M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 3.6 | 3.4 | 4.7 | 13.1 | 53.8% |
| China | 9.5 | 7.8 | 8.3 | 11.0 | 5.0% |
| India | 8.2 | 5.0 | 6.1 | 5.3 | -13.5% |
| United States | 1.5 | 2.1 | 1.6 | 0.6 | -26.3% |
| Others | 0.8 | 0.4 | 1.3 | 0.6 | -9.1% |
| Total | 23.6 | 18.7 | 21.9 | 30.5 | 8.9% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Japan in 2022:
- Jordan (2675.0 tons)
- India (986.8 tons)
- China (957.6 tons)
- United States (125.0 tons)
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