Phenols; Phenol-Alcohols Price in Indonesia - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Indonesia (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Indonesia (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Indonesia
- Phenols; Phenol-Alcohols Exports in Indonesia
Phenols; Phenol-Alcohols Price in Indonesia (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $1,788 per ton, declining by -7.1% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25% against the previous year. The import price peaked at $2,172 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,031 per ton), while the price for Thailand ($1,142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Indonesia (FOB) - 2022
In March 2022, the average phenols; phenol-alcohols export price amounted to $2,521 per ton, remaining stable against the previous month. Overall, the export price showed a perceptible slump. The pace of growth appeared the most rapid in May 2021 an increase of 63% m-o-m. Over the period under review, the average export prices attained the maximum at $3,345 per ton in March 2021; however, from April 2021 to March 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In March 2022, the countries with the highest prices were Taiwan (Chinese) ($2,624 per ton) and Israel ($2,300 per ton), while the average price for exports to the United Arab Emirates ($1,925 per ton) and Tanzania ($1,925 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Indonesia
Phenols; phenol-alcohols imports into Indonesia reduced to 25K tons in 2022, waning by -11.6% compared with the previous year's figure. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
In value terms, phenols; phenol-alcohols imports shrank rapidly to $45M in 2022. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $55M, and then contracted significantly in the following year.
Import of Phenols; Phenol-Alcohols in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 17.7 | 10.0 | 17.2 | 14.3 | -6.9% |
Thailand | 8.2 | 3.5 | 8.4 | 7.0 | -5.1% |
India | 4.7 | 5.6 | 6.6 | 5.5 | 5.4% |
China | 3.3 | 3.8 | 5.4 | 4.5 | 10.9% |
Taiwan (Chinese) | 5.5 | 2.8 | 4.9 | 4.1 | -9.3% |
Japan | 3.7 | 3.3 | 3.6 | 3.0 | -6.8% |
Russia | 1.9 | 1.0 | 1.4 | 1.2 | -14.2% |
South Korea | 1.4 | 1.2 | 1.1 | 1.0 | -10.6% |
Others | 4.3 | 4.2 | 6.2 | 4.6 | 2.3% |
Total | 50.7 | 35.2 | 54.8 | 45.0 | -3.9% |
Top Suppliers of Phenols; Phenol-Alcohols to Indonesia in 2022:
- Singapore (11.6K tons)
- Thailand (6.1K tons)
- Taiwan (Chinese) (2.7K tons)
- China (1.3K tons)
- India (0.9K tons)
- South Korea (0.7K tons)
- Japan (0.6K tons)
- Russia (0.4K tons)
Phenols; Phenol-Alcohols Exports in Indonesia
In 2022, shipments abroad of phenols; phenol-alcoholses was finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp reduction.
In value terms, phenols; phenol-alcohols exports surged to $4.6M in 2022. Overall, exports, however, continue to indicate a sharp setback.
Export of Phenols; Phenol-Alcohols in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,179 | 2,311 | 203 | 782 | -37.3% |
Taiwan (Chinese) | 3,285 | 689 | 247 | 744 | -39.0% |
Thailand | 126 | 232 | 119 | 358 | 41.6% |
Philippines | 980 | 184 | 114 | 344 | -29.5% |
Vietnam | 2,193 | 676 | 105 | 339 | -46.3% |
Turkey | 3,603 | 287 | 60.7 | 299 | -56.4% |
South Africa | 706 | 279 | 62.6 | 188 | -35.7% |
Kenya | 740 | 186 | 47.6 | 143 | -42.2% |
India | 954 | 191 | 19.2 | 103 | -52.4% |
Sri Lanka | 326 | 42.7 | 19.7 | 59.3 | -43.3% |
Others | 7,870 | 2,669 | 356 | 1,191 | -46.7% |
Total | 23,963 | 7,746 | 1,354 | 4,550 | -42.5% |
Top Export Markets for Phenols; Phenol-Alcohols from Indonesia in 2022:
- Taiwan (Chinese) (255.7 tons)
- Vietnam (186.3 tons)
- Philippines (176.3 tons)
- Thailand (171.6 tons)
- Turkey (161.7 tons)
- South Africa (94.1 tons)
- Kenya (72.6 tons)
- India (36.4 tons)
- Sri Lanka (29.0 tons)
- United States (28.6 tons)
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