Price for Monophenols; Cresols and Their Salts in Australia - 2023

Contents:

  1. Price for Monophenols; Cresols and Their Salts in Australia (CIF) - 2022
  2. Price for Monophenols; Cresols and Their Salts in Australia (FOB) - 2022
  3. Imports of Monophenols; Cresols and Their Salts in Australia
  4. Exports of Monophenols; Cresols and Their Salts in Australia

Price for Monophenols; Cresols and Their Salts in Australia (CIF) - 2022

In 2022, the average import price for monophenols; cresols and their saltses amounted to $2,206 per ton, reducing by -22.1% against the previous year. In general, the import price saw a pronounced setback. The growth pace was the most rapid in 2021 when the average import price increased by 53%. The import price peaked at $2,988 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,085 per ton), while the price for the UK ($753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%), while the prices for the other major suppliers experienced a decline.

Price for Monophenols; Cresols and Their Salts in Australia (FOB) - 2022

In 2022, the average export price for monophenols; cresols and their saltses amounted to $2,067 per ton, with a decrease of -3.5% against the previous year. Overall, the export price showed a deep contraction. The growth pace was the most rapid in 2018 an increase of 8.9% against the previous year. Over the period under review, the average export prices reached the maximum at $3,738 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($2,330 per ton), while the average price for exports to India ($901 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 Fiji (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Monophenols; Cresols and Their Salts in Australia

After two years of decline, supplies from abroad of monophenols; cresols and their saltses increased by 40% to 72 tons in 2022. Overall, imports, however, recorded a deep downturn.

In value terms, monophenols; cresols and their salts imports rose remarkably to $159K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.

Import of Monophenols; Cresols and Their Salts in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa16711133.184.1-20.4%
China48.050.597.664.210.2%
United Kingdom2.11.72.01.1-19.4%
Others11.19.113.09.7-4.4%
Total228173146159-11.3%

Top Suppliers of Monophenols; Cresols and Their Salts to Australia in 2022:

  1. South Africa (49.5 tons)
  2. China (20.8 tons)
  3. United Kingdom (1.5 tons)

Exports of Monophenols; Cresols and Their Salts in Australia

In 2022, shipments abroad of monophenols; cresols and their saltses was finally on the rise to reach 149 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic shrinkage.

In value terms, monophenols; cresols and their salts exports soared to $308 in 2022. Overall, exports, however, recorded a precipitous slump.

Export of Monophenols; Cresols and Their Salts in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea590254141192-31.2%
Fiji22298.055.077.0-29.7%
Singapore10312.019.024.0-38.5%
India41.013.05.05.0-50.4%
New Zealand44.05.0N/A5.0-51.6%
Others16.07.06.05.0-32.1%
Total1,016389226308-32.8%

Top Export Markets for Monophenols; Cresols and Their Salts from Australia in 2022:

  1. Papua New Guinea (94.0 kg)
  2. Fiji (33.0 kg)
  3. Singapore (12.0 kg)
  4. India (5.0 kg)
  5. New Zealand (3.0 kg)

Source: IndexBox Market Intelligence Platform

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