Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore - 2022

Contents:

1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore (CIF) - 2022
2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore (FOB) - 2022
3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore
4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore (CIF) - 2022

The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,474 per ton in 2022, rising by 41% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by +109.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 49%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,606 per ton), while the price for Taiwan (Chinese) ($2,437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore (FOB) - 2022

The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $3,284 per ton in 2022, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 65%. As a result, the export price attained the peak level of $3,974 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sri Lanka ($3,679 per ton) and Thailand ($3,477 per ton), while the average price for exports to Bangladesh ($2,485 per ton) and Malaysia ($2,830 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore

In 2022, approx. 3.7K tons of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves were imported into Singapore; shrinking by -15.7% against the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of 4.4K tons, and then plummeted in the following year.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves skyrocketed to $9.1M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Singapore in 2022:

1. Taiwan (Chinese) (2564.8 tons)
2. India (554.0 tons)
3. United States (552.4 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Singapore

In 2022, shipments abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -7.3% to 19 tons, falling for the second consecutive year after two years of growth. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. As a result, the exports reached the peak of 56 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves fell to $61K in 2022. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 80%. As a result, the exports attained the peak of $210K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Singapore in 2022:

1. Thailand (9.3 tons)
2. Malaysia (4.6 tons)
3. Sri Lanka (3.4 tons)
4. Bangladesh (1.3 tons)

Source: IndexBox Market Intelligence Platform