Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Tanzania - 2022

Contents:

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

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

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $8,512 per ton in 2022, jumping by 27% against the previous year. Overall, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 338%. As a result, import price attained the peak level of $9,427 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,047 per ton), while the price for India totaled $5,957 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.4%), 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 Tanzania

In 2022, after two years of decline, there was significant growth in overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, when their volume increased by 543% to 23 tons. Overall, imports, however, showed a abrupt shrinkage.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $198K in 2022. Over the period under review, imports recorded a strong expansion. 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 Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10441.520.216115.7%
IndiaN/A1.9N/A31.5307.2%
United Arab EmiratesN/A12.3N/AN/A0%
Others15.4N/A3.95.2-30.4%
Total11955.724.119818.5%

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

  1. China (17.8 tons)
  2. India (5.3 tons)

Source: IndexBox Market Intelligence Platform

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