Price for Monophenols; Cresols and Their Salts in Sri Lanka - 2021
Contents:
- Price for Monophenols; Cresols and Their Salts in Sri Lanka (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Sri Lanka
Price for Monophenols; Cresols and Their Salts in Sri Lanka (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $6,063 per ton in 2022, with an increase of 20% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 61%. The import price peaked at $10,042 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 the UK ($18,361 per ton), while the price for China ($4,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Monophenols; Cresols and Their Salts in Sri Lanka
In 2022, the amount of monophenols; cresols and their saltses imported into Sri Lanka reduced to 4.4 tons, which is down by -5.9% compared with the year before. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 9.1% against the previous year.
In value terms, monophenols; cresols and their salts imports reached $27K in 2022. In general, imports faced a sharp downturn.
| Import of Monophenols; Cresols and Their Salts in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 23.6 | 9.2 | 8.7 | 10.3 | -24.1% |
| India | 14.9 | 6.4 | 2.3 | 6.0 | -26.2% |
| United Kingdom | 4.5 | 3.0 | 5.8 | 4.7 | 1.5% |
| China | 8.1 | 4.0 | 5.2 | 4.4 | -18.4% |
| Malaysia | N/A | 6.2 | N/A | N/A | 0% |
| Others | 1.9 | 1.1 | 1.8 | 1.4 | -9.7% |
| Total | 53.0 | 29.9 | 23.8 | 26.8 | -20.3% |
Top Suppliers of Monophenols; Cresols and Their Salts to Sri Lanka in 2022:
- South Korea (2403.0 kg)
- China (1058.0 kg)
- India (687.0 kg)
- United Kingdom (257.0 kg)
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