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

Contents:

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

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $11,381 per ton, falling by -2.6% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $43,674 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11,719 per ton), while the price for Germany ($8,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.8%), 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 Pakistan

In 2022, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into Pakistan expanded markedly to 249 tons, surging by 7.4% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 64%. As a result, imports attained the peak of 282 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 rose slightly to $2.8M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 84%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8822,5831,7982,34338.5%
Mexico385330288357-2.5%
Germany73.111911470.8-1.1%
Singapore76.519.953.8N/A-16.1%
Indonesia20.514.811.5N/A-25.1%
Netherlands40.37.63.8N/A-69.3%
Others43543944064.6-47.0%
Total1,9133,5132,7092,83514.0%

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

  1. China (200.0 tons)
  2. Mexico (34.7 tons)
  3. Germany (8.0 tons)

Source: IndexBox Market Intelligence Platform

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