Price for Monophenols; Naphthols and Their Salts in Canada - 2023
Contents:
- Price for Monophenols; Naphthols and Their Salts in Canada (CIF) - 2022
- Price for Monophenols; Naphthols and Their Salts in Canada (FOB) - 2022
- Imports of Monophenols; Naphthols and Their Salts in Canada
- Exports of Monophenols; Naphthols and Their Salts in Canada
Price for Monophenols; Naphthols and Their Salts in Canada (CIF) - 2022
In 2022, the average import price for monophenols; naphthols and their saltses amounted to $8,666 per ton, surging by 4.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. As a result, import price attained the peak level of $9,683 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($10,805 per ton) and the United States ($9,673 per ton), while the price for China ($8,354 per ton) and Germany ($8,521 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Monophenols; Naphthols and Their Salts in Canada (FOB) - 2022
In 2022, the average export price for monophenols; naphthols and their saltses amounted to $7,197 per ton, surging by 63% against the previous year. In general, the export price recorded a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($38,057 per ton), while the average price for exports to Venezuela ($3,752 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 Brazil (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Naphthols and Their Salts in Canada
In 2022, imports of monophenols; naphthols and their saltses into Canada soared to 139 tons, jumping by 32% against the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 +59.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; naphthols and their salts imports surged to $1.2M in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Monophenols; Naphthols and Their Salts in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 553 | 490 | 723 | 985 | 21.2% |
India | 89.8 | 89.2 | 122 | 167 | 23.0% |
United States | 9.0 | 31.9 | 4.6 | 23.1 | 36.9% |
Germany | 25.1 | 18.4 | 19.2 | 23.0 | -2.9% |
Others | 5.0 | 4.8 | 9.5 | 8.7 | 20.3% |
Total | 681 | 634 | 878 | 1,207 | 21.0% |
Top Suppliers of Monophenols; Naphthols and Their Salts to Canada in 2022:
- China (117.9 tons)
- India (15.4 tons)
- Germany (2.7 tons)
- United States (2.4 tons)
Exports of Monophenols; Naphthols and Their Salts in Canada
In 2022, the amount of monophenols; naphthols and their saltses exported from Canada surged to 2 tons, rising by 29% against 2021. Over the period under review, exports, however, saw a dramatic curtailment.
In value terms, monophenols; naphthols and their salts exports soared to $14K in 2022. Overall, exports, however, continue to indicate a precipitous decline.
Export of Monophenols; Naphthols and Their Salts in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.7 | 1.8 | 1.6 | 7.0 | -15.7% |
Venezuela | 9.1 | 1.9 | 3.2 | 5.6 | -14.9% |
Brazil | 1.3 | 0.5 | 0.6 | 0.5 | -27.3% |
India | 0.9 | 0.2 | 0.2 | 0.3 | -30.7% |
China | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
Hong Kong SAR | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
South Korea | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Greece | 10.9 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.4 | 0.9 | 0.4 | 58.7% |
Total | 34.4 | 4.8 | 6.9 | 14.5 | -25.0% |
Top Export Markets for Monophenols; Naphthols and Their Salts from Canada in 2022:
- Venezuela (1491.0 kg)
- United States (184.0 kg)
- Brazil (76.0 kg)
- India (69.0 kg)
- Hong Kong SAR (68.0 kg)
- China (59.0 kg)
- South Korea (33.0 kg)
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The Monophenols market showed significant growth in January 2023, with a month-to-month increase of 57%. However, imports declined in value to $5.8M in December 2023.
In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.