Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $17,948 per ton, picking up by 113% against the previous year. Over the period under review, the import price showed measured growth. The import price peaked at $19,187 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Canada ($125,625 per ton), while the price for Japan amounted to $14,502 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $9,552 per ton, waning by -6.4% against the previous year. In general, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2015 an increase of 95% against the previous year. The export price peaked at $10,206 per ton in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +16.2% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, which decreased by -53.1% to 516 kg in 2022. Over the period under review, imports showed a dramatic decrease. The smallest decline of -47.6% was in 2021.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses amounted to $9.3K in 2022. Overall, imports showed a dramatic descent.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 15.0 | 15.4 | 7.7 | 7.3 | -21.3% |
| Canada | N/A | N/A | N/A | 2.0 | 0% |
| China | 41.7 | 14.2 | 1.6 | N/A | -80.4% |
| Singapore | 36.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 92.7 | 29.6 | 9.3 | 9.3 | -53.5% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Hong Kong SAR in 2022:
- Japan (500.0 kg)
- Canada (16.0 kg)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR
Exports of monophenols; phenol (hydroxybenzene) and its saltses from Hong Kong SAR shrank dramatically to 500 kg in 2022, falling by -84.8% against the previous year's figure. In general, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses contracted notably to $4.8K in 2022. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 60%.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.7 | 21.1 | 33.7 | 4.8 | -48.8% |
| Others | 3.6 | N/A | N/A | N/A | 0% |
| Total | 39.3 | 21.1 | 33.7 | 4.8 | -50.4% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Hong Kong SAR in 2022:
- China (500.0 kg)
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