Price for Monophenols; Cresols and Their Salts in Canada - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Canada (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Canada (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Canada
- Exports of Monophenols; Cresols and Their Salts in Canada
Price for Monophenols; Cresols and Their Salts in Canada (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $2,884 per ton, remaining constant against the previous year. Over the period under review, the import price recorded a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $3,819 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($2,911 per ton) and Germany ($2,911 per ton), while the price for China ($2,731 per ton) and India ($2,751 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Cresols and Their Salts in Canada (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $2,650 per ton, shrinking by -5.3% against the previous year. Overall, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2018 an increase of 84%. The export price peaked at $3,711 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($2,697 per ton) and Germany ($2,675 per ton), while the average price for exports to China ($2,550 per ton) and Japan ($2,666 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Monophenols; Cresols and Their Salts in Canada
After three years of growth, supplies from abroad of monophenols; cresols and their saltses decreased by -2.2% to 91 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37%.
In value terms, monophenols; cresols and their salts imports reduced modestly to $261K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $268K, and then reduced slightly in the following year.
| Import of Monophenols; Cresols and Their Salts in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 75.9 | 51.4 | 191 | 177 | 32.6% |
| United States | 13.1 | 83.9 | 46.7 | 43.7 | 49.4% |
| Denmark | 23.9 | 20.7 | 28.2 | 26.1 | 3.0% |
| India | 25.6 | 1.3 | 0.3 | 8.3 | -31.3% |
| China | 1.2 | 15.5 | 0.9 | 5.3 | 64.1% |
| Italy | N/A | 16.5 | N/A | N/A | 0% |
| Others | 1.0 | 1.0 | 1.1 | 0.8 | -7.2% |
| Total | 141 | 190 | 268 | 261 | 22.8% |
Top Suppliers of Monophenols; Cresols and Their Salts to Canada in 2022:
- Germany (60.7 tons)
- United States (15.6 tons)
- Denmark (9.0 tons)
- India (3.0 tons)
- China (2.0 tons)
Exports of Monophenols; Cresols and Their Salts in Canada
In 2022, approx. 8.4 tons of monophenols; cresols and their saltses were exported from Canada; jumping by 264% against 2021 figures. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; cresols and their salts exports surged to $22K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Cresols and Their Salts in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 0.5 | 2.7 | 12.7 | 45.8% |
| China | 1.1 | 0.8 | 0.9 | 4.4 | 58.7% |
| Japan | 0.3 | 0.2 | 0.6 | 2.6 | 105.4% |
| Taiwan (Chinese) | 0.3 | 0.4 | 0.5 | 2.5 | 102.7% |
| Hong Kong SAR | N/A | 0.3 | 1.2 | N/A | 300.0% |
| United States | 2.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.7 | 0.7 | N/A | 0.0% |
| Total | 8.2 | 2.9 | 6.5 | 22.2 | 39.4% |
Top Export Markets for Monophenols; Cresols and Their Salts from Canada in 2022:
- Germany (4.8 tons)
- China (1.7 tons)
- Japan (1.0 tons)
- Taiwan (Chinese) (0.9 tons)
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