Price for Monophenols; Cresols and Their Salts in Pakistan - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Pakistan (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Pakistan
Price for Monophenols; Cresols and Their Salts in Pakistan (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $1,944 per ton, shrinking by -5.7% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, average import prices attained the maximum at $3,647 per ton in 2012; however, from 2013 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 China ($7,487 per ton), while the price for South Africa ($1,814 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Monophenols; Cresols and Their Salts in Pakistan
After three years of growth, purchases abroad of monophenols; cresols and their saltses decreased by -9.6% to 66 tons in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. As a result, imports reached the peak of 73 tons, and then fell in the following year.
In value terms, monophenols; cresols and their salts imports fell to $128K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 81%.
| Import of Monophenols; Cresols and Their Salts in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 38.0 | 13.7 | 62.4 | 56.8 | 14.3% |
| South Korea | 10.7 | 67.5 | 39.0 | 33.8 | 46.7% |
| United Kingdom | 6.5 | 17.7 | 32.9 | 28.5 | 63.7% |
| Germany | 2.5 | 3.9 | 4.2 | 4.7 | 23.4% |
| India | 0.1 | 2.1 | 3.7 | 3.2 | 217.5% |
| Others | 0.9 | 1.2 | 8.2 | 1.3 | 13.0% |
| Total | 58.7 | 106 | 150 | 128 | 29.7% |
Top Suppliers of Monophenols; Cresols and Their Salts to Pakistan in 2022:
- South Africa (31.3 tons)
- South Korea (16.7 tons)
- United Kingdom (14.6 tons)
- India (1.7 tons)
- Germany (1.4 tons)
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