Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa - 2023
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (CIF) - 2022
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (FOB) - 2022
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa
- Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (CIF) - 2022
In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $2,399 per ton, increasing by 29% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. Over the period under review, average import prices hit record highs at $3,276 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($2,778 per ton) and the United States ($2,723 per ton), while the price for China ($2,187 per ton) and South Korea ($2,243 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (FOB) - 2022
In 2022, the average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $3,347 per ton, reducing by -11.9% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. The export price peaked at $3,799 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($3,727 per ton), while the average price for exports to Botswana ($2,224 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 Nigeria (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa
In 2022, approx. 528 tons of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves were imported into South Africa; jumping by 323% on 2021. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves surged to $1.3M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 24.2 | 24.5 | 620 | 406.2% |
| Taiwan (Chinese) | 24.7 | 127 | 104 | 251 | 116.6% |
| South Korea | N/A | N/A | N/A | 215 | 0% |
| United States | N/A | 0.1 | 0.1 | 92.9 | 2948.0% |
| Malaysia | N/A | N/A | N/A | 46.7 | 0% |
| China | N/A | N/A | 89.4 | 41.6 | -53.5% |
| Saudi Arabia | 43.3 | N/A | N/A | N/A | 0% |
| Brazil | N/A | 26.5 | N/A | N/A | 0% |
| Others | 0.2 | 10.8 | 13.6 | 0.1 | -20.6% |
| Total | 68.2 | 189 | 231 | 1,267 | 164.8% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to South Africa in 2022:
- Indonesia (252.7 tons)
- Taiwan (Chinese) (109.6 tons)
- South Korea (96.0 tons)
- United States (34.1 tons)
- China (19.0 tons)
- Malaysia (16.8 tons)
Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa
After three years of growth, shipments abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -70.6% to 88 tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 135%.
In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves contracted dramatically to $293K in 2022. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 155% against the previous year.
| Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 22.2 | 67.9 | 116 | 220 | 114.8% |
| Zambia | 9.8 | 63.2 | 10.2 | 56.6 | 79.4% |
| Namibia | 22.6 | 0.8 | 1.9 | 7.9 | -29.6% |
| Botswana | 2.6 | 2.7 | 4.1 | 4.2 | 17.3% |
| Nigeria | 173 | 457 | 998 | N/A | 140.2% |
| Others | 3.9 | 3.8 | 2.5 | 4.5 | 4.9% |
| Total | 234 | 596 | 1,132 | 293 | 7.8% |
Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from South Africa in 2022:
- Zimbabwe (64.7 tons)
- Zambia (17.5 tons)
- Namibia (2.2 tons)
- Botswana (1.9 tons)
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