Price for Monophenols; Cresols and Their Salts in Japan - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Japan (CIF) - 2023
- Price for Monophenols; Cresols and Their Salts in Japan (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Japan
- Exports of Monophenols; Cresols and Their Salts in Japan
Price for Monophenols; Cresols and Their Salts in Japan (CIF) - 2023
The average import price for monophenols; cresols and their saltses stood at $5,283 per ton in July 2023, growing by 33% against the previous month. In general, import price indicated a pronounced expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, monophenols; cresols and their salts import price increased by +74.7% against April 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($6,390 per ton), while the price for India ($4,072 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Japan (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $3,127 per ton in 2022, waning by -5.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 24% against the previous year. The export price peaked at $3,684 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,972 per ton), while the average price for exports to Indonesia ($1,970 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 the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Cresols and Their Salts in Japan
Monophenols; cresols and their salts imports into Japan skyrocketed to 14K tons in 2022, with an increase of 189% on the year before. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; cresols and their salts imports surged to $37M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Cresols and Their Salts in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 6.7 | 5.6 | 13.7 | 24.5% |
| China | 1.3 | 1.7 | 6.1 | 13.2 | 116.5% |
| United States | 4.7 | 5.6 | 1.4 | 8.4 | 21.4% |
| India | 1.0 | 0.2 | 0.8 | 1.7 | 19.3% |
| Singapore | 2.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.2 | 14.2 | 13.9 | 37.0 | 31.7% |
Top Suppliers of Monophenols; Cresols and Their Salts to Japan in 2022:
- Germany (5.2K tons)
- China (4.5K tons)
- United States (3.8K tons)
- India (0.5K tons)
Exports of Monophenols; Cresols and Their Salts in Japan
In 2022, overseas shipments of monophenols; cresols and their saltses increased by 137% to 2.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a noticeable reduction.
In value terms, monophenols; cresols and their salts exports surged to $8.5M in 2022. In general, exports saw a relatively flat trend pattern. 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 Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4,974 | 685 | 1,602 | 3,502 | -11.0% |
| China | 1,380 | 1,739 | 1,345 | 2,940 | 28.7% |
| South Korea | 320 | 202 | 398 | 870 | 39.6% |
| Taiwan (Chinese) | 393 | 265 | 222 | 485 | 7.3% |
| Malaysia | 59.1 | 118 | 66.9 | 146 | 35.2% |
| Indonesia | 213 | 50.7 | 42.0 | 135 | -14.1% |
| Belgium | 342 | 55.9 | N/A | N/A | -83.7% |
| Germany | 246 | 325 | N/A | N/A | 32.1% |
| Others | 503 | 514 | 88.3 | 372 | -9.6% |
| Total | 8,429 | 3,955 | 3,765 | 8,452 | 0.1% |
Top Export Markets for Monophenols; Cresols and Their Salts from Japan in 2022:
- India (1360.2 tons)
- China (837.2 tons)
- South Korea (218.4 tons)
- Taiwan (Chinese) (127.4 tons)
- Indonesia (68.7 tons)
- Malaysia (41.1 tons)
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