Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,593 per ton in 2021, with an increase of 17% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by +19.0% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 100% against the previous year. Over the period under review, average import prices reached the peak figure at $6,101 per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,805 per ton), while the price for Taiwan (Chinese) ($2,788 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia
Imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into Saudi Arabia shrank notably to 1K tons in 2021, waning by -34.9% on 2020 figures. Overall, imports recorded a precipitous decrease. The smallest decline of -16.9% was in 2020.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped notably to $4.7M in 2021. Over the period under review, imports showed a significant curtailment. The smallest decline of -18.1% was in 2020.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 1.2 | 1.3 | 1.5 | 11.8% | |
| United States | 4.0 | 3.7 | 1.4 | -40.8% | |
| United Kingdom | 1.8 | 0.3 | 1.3 | -15.0% | |
| Taiwan (Chinese) | 0.5 | 0.6 | 0.3 | -22.5% | |
| Others | N/A | 0.3 | 0.1 | -66.7% | |
| Total | 7.5 | 6.1 | 4.7 | -20.8% | |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Saudi Arabia in 2022:
- United States (386.4 tons)
- United Kingdom (309.3 tons)
- China (174.1 tons)
- Taiwan (Chinese) (120.0 tons)
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