Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in India - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India (FOB) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India (CIF) - 2022
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India (FOB) - 2022
In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $5,822 per ton, rising by 9.3% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 47%. As a result, the export price attained the peak level of $7,412 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($9,732 per ton), while the average price for exports to Germany ($3,445 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 (+4.5%), 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 India (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $3,290 per ton, falling by -3.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $4,184 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,135 per ton), while the price for China totaled $3,150 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India
In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -11.2% to 7K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 0.1% against the previous year. As a result, the exports attained the peak of 9.9K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves declined modestly to $41M in 2022. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 0.3% against the previous year. As a result, the exports attained the peak of $58M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 7.1 | 6.5 | 9.0 | 5.8% |
| China | 13.2 | 9.6 | 8.4 | 6.9 | -19.4% |
| Japan | 7.7 | 4.6 | 5.7 | 5.2 | -12.3% |
| United Arab Emirates | 10.2 | 11.3 | 4.5 | 4.2 | -25.6% |
| Germany | 6.0 | 3.6 | 3.8 | 3.0 | -20.6% |
| Mexico | 1.6 | 1.9 | 2.3 | 2.8 | 20.5% |
| Colombia | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
| Others | 11.2 | 19.7 | 10.5 | 9.2 | -6.3% |
| Total | 58.3 | 58.5 | 42.2 | 40.9 | -11.1% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from India in 2022:
- United States (1972.6 tons)
- China (1046.0 tons)
- Japan (970.6 tons)
- Germany (877.0 tons)
- Mexico (718.8 tons)
- United Arab Emirates (430.1 tons)
- Colombia (172.8 tons)
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in India
In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into India surged to 11K tons, growing by 35% compared with the year before. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $37M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.4 | 21.7 | 24.6 | 33.0 | 3.9% |
| United States | 0.3 | 0.4 | 1.1 | 1.2 | 58.7% |
| Belgium | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Others | 2.4 | 2.8 | 2.4 | 2.5 | 1.4% |
| Total | 32.2 | 25.2 | 28.3 | 37.0 | 4.7% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to India in 2022:
- China (10.5K tons)
- United States (0.3K tons)
- Belgium (0.1K tons)
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