Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in the United States - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States (FOB) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States (CIF) - 2022
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $5,460 per ton in 2022, increasing by 63% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 +91.0% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($6,413 per ton), while the average price for exports to Mexico ($1,739 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 Japan (+8.6%), 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 the United States (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $7,264 per ton, growing by 96% against the previous year. In general, the import price saw a remarkable increase. As a result, import price attained 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 Japan ($39,248 per ton), while the price for Mexico ($1,786 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States
In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -31.5% to 19K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of 20%.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves expanded notably to $103M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.4 | 9.8 | 13.4 | 30.4 | 38.7% |
| Taiwan (Chinese) | 2.3 | 16.0 | 14.7 | 28.8 | 132.2% |
| South Korea | 38.2 | 35.9 | 34.5 | 27.7 | -10.2% |
| Belgium | N/A | 0.2 | 4.6 | 6.1 | 452.3% |
| Mexico | 2.9 | 2.9 | 5.1 | 2.6 | -3.6% |
| Canada | 3.5 | 6.4 | 8.9 | 1.6 | -23.0% |
| Japan | 1.2 | 1.2 | 1.7 | 0.6 | -20.6% |
| Others | 5.4 | 4.2 | 8.7 | 4.8 | -3.9% |
| Total | 64.8 | 76.5 | 91.7 | 103 | 16.7% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from the United States in 2022:
- China (4.9K tons)
- South Korea (4.9K tons)
- Taiwan (Chinese) (4.5K tons)
- Belgium (1.6K tons)
- Mexico (1.5K tons)
- Canada (0.4K tons)
- Japan (0.1K tons)
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States
In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -55.2% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 6.4% against the previous year.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves reduced to $37M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 12%.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.1 | 7.1 | 6.5 | 11.8 | 18.5% |
| China | 6.6 | 9.2 | 5.5 | 9.2 | 11.7% |
| Japan | 3.3 | 4.4 | 7.1 | 5.2 | 16.4% |
| Israel | 0.1 | 0.4 | 0.5 | 4.4 | 253.0% |
| United Kingdom | 3.8 | 5.8 | 5.3 | 3.0 | -7.6% |
| Germany | 5.0 | 4.5 | 3.9 | 2.9 | -16.6% |
| Mexico | 9.5 | 8.2 | 13.4 | 0.5 | -62.5% |
| Others | 0.5 | 0.8 | 0.2 | 0.3 | -15.7% |
| Total | 35.9 | 40.3 | 42.4 | 37.2 | 1.2% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to the United States in 2022:
- India (2066.7 tons)
- Israel (1227.3 tons)
- China (919.8 tons)
- Germany (385.5 tons)
- Mexico (254.5 tons)
- Japan (131.6 tons)
- United Kingdom (118.8 tons)
483
This report provides an in-depth analysis of the phenols market in the U.S..
921
This report provides an in-depth analysis of the global phenols market.
236
Explore the top import markets for phenols, including China, India, Germany, and more. Key statistics and data from the IndexBox market intelligence platform.
749
In value terms, phenols and phenol-alcohols imports totaled $X in 2016. Overall, phenols and phenol-alcohols imports continue to indicate a relatively flat trend pattern. Global phenols and phenol-...
1547
In value terms, phenols and phenol-alcohols exports stood at $X in 2016. In general, phenols and phenol-alcohols exports continue to indicate a relatively flat trend pattern. Over the period under ...
1120
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
966
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
