Phenols; Phenol-Alcohols Price in Sri Lanka - 2021
Contents:
- Phenols; Phenol-Alcohols Price in Sri Lanka (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Sri Lanka (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Sri Lanka
- Phenols; Phenol-Alcohols Exports in Sri Lanka
Phenols; Phenol-Alcohols Price in Sri Lanka (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $8,287 per ton, rising by 36% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols import price increased by +110.9% against 2018 indices. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Japan ($59,814 per ton), while the price for Taiwan (Chinese) ($1,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Sri Lanka (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $6,706 per ton, picking up by 51% against the previous year. Overall, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 124% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($6,923 per ton), while the average price for exports to Maldives ($3,127 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 Pakistan (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Sri Lanka
In 2022, phenols; phenol-alcohols imports into Sri Lanka dropped significantly to 284 tons, waning by -34.3% against 2021 figures. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 432 tons, and then shrank dramatically in the following year.
In value terms, phenols; phenol-alcohols imports fell to $2.4M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports reached the peak of $2.6M, and then reduced in the following year.
| Import of Phenols; Phenol-Alcohols in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 835 | 569 | 865 | 1,115 | 10.1% |
| Japan | 29.4 | 240 | 592 | 736 | 192.5% |
| India | 131 | 137 | 109 | 336 | 36.9% |
| China | 127 | 7.9 | 23.1 | 49.6 | -26.9% |
| Taiwan (Chinese) | 21.4 | 25.0 | 97.9 | 27.7 | 9.0% |
| South Korea | 76.0 | 40.6 | 8.5 | 24.7 | -31.2% |
| Saudi Arabia | N/A | N/A | N/A | 15.8 | 0% |
| Indonesia | 61.9 | 46.0 | 38.1 | N/A | -21.5% |
| Others | 685 | 651 | 897 | 47.4 | -58.9% |
| Total | 1,967 | 1,717 | 2,631 | 2,352 | 6.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Sri Lanka in 2022:
- Germany (185.2 tons)
- India (45.1 tons)
- Taiwan (Chinese) (17.9 tons)
- Japan (12.3 tons)
- Saudi Arabia (8.0 tons)
- China (7.2 tons)
- South Korea (6.0 tons)
Phenols; Phenol-Alcohols Exports in Sri Lanka
In 2022, phenols; phenol-alcohols exports from Sri Lanka declined notably to 1.2 tons, falling by -97% compared with the year before. Over the period under review, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 165%. As a result, the exports reached the peak of 41 tons, and then fell rapidly in the following year.
In value terms, phenols; phenol-alcohols exports fell dramatically to $8.2K in 2022. In general, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 202%. As a result, the exports reached the peak of $180K, and then dropped rapidly in the following year.
| Export of Phenols; Phenol-Alcohols in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 0.7 | 1.1 | 1.5 | 7.3 | 118.5% |
| Bangladesh | 2.3 | N/A | N/A | 0.7 | -32.7% |
| Maldives | 1.5 | 0.8 | 0.1 | 0.2 | -48.9% |
| Vietnam | 76.8 | 32.7 | 13.6 | N/A | -57.9% |
| Malaysia | 46.5 | 19.5 | 87.1 | N/A | 36.9% |
| India | 7.2 | 5.5 | 3.5 | N/A | -30.3% |
| Taiwan (Chinese) | N/A | N/A | 18.2 | N/A | 0% |
| Others | 0.3 | N/A | 56.3 | N/A | 1269.9% |
| Total | 135 | 59.7 | 180 | 8.2 | -60.7% |
Top Export Markets for Phenols; Phenol-Alcohols from Sri Lanka in 2022:
- Pakistan (1050.0 kg)
- Bangladesh (110.0 kg)
- Maldives (63.0 kg)
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