Price for Monophenols; Naphthols and Their Salts in Thailand - 2023

Price for Monophenols; Naphthols and Their Salts in Thailand (CIF) - 2022

In 2022, the average import price for monophenols; naphthols and their saltses amounted to $3,814 per ton, increasing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. Over the period under review, average import prices hit record highs at $3,906 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 India ($28,920 per ton), while the price for China ($2,694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Monophenols; Naphthols and Their Salts in Thailand (FOB) - 2022

The average export price for monophenols; naphthols and their saltses stood at $4,734 per ton in 2022, remaining constant against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the maximum at $33,557 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($46,715 per ton), while the average price for exports to Myanmar amounted to $21 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.7%).

Imports of Monophenols; Naphthols and Their Salts in Thailand

In 2022, the amount of monophenols; naphthols and their saltses imported into Thailand reduced rapidly to 72 tons, declining by -46.4% on the previous year. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of 134 tons, and then fell remarkably in the following year.

In value terms, monophenols; naphthols and their salts imports fell dramatically to $274K in 2022. Over the period under review, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports attained the peak of $418K, and then declined rapidly in the following year.

Import of Monophenols; Naphthols and Their Salts in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	146	114	343	179	7.0%
Japan	20.3	75.0	38.6	26.2	8.9%
India	110	64.7	17.7	25.8	-38.3%
Others	12.0	12.6	18.4	43.7	53.9%
Total	288	266	418	274	-1.6%

Top Suppliers of Monophenols; Naphthols and Their Salts to Thailand in 2022:

China (66.3 tons)
Japan (2.4 tons)
India (0.9 tons)

Exports of Monophenols; Naphthols and Their Salts in Thailand

In 2022, monophenols; naphthols and their salts exports from Thailand stood at 1 kg, approximately equating 2021 figures. In general, exports recorded a precipitous decline. The smallest decline of 99.9% was in 2020.

In value terms, monophenols; naphthols and their salts exports stood at $5 in 2022. Overall, exports faced a precipitous contraction. The smallest decline of 99.9% was in 2020.