Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $3,897 per ton in 2022, growing by 139% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($10,606 per ton), while the price for Saudi Arabia ($1,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,600 per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, saw a perceptible decrease. The export price peaked at $3,923 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -4.7% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka
Imports of monophenols; phenol (hydroxybenzene) and its saltses into Sri Lanka fell remarkably to 12 tons in 2022, waning by -84% on the year before. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 197%.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses dropped dramatically to $45K in 2022. In general, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 307% against the previous year. As a result, imports attained the peak of $118K, and then reduced markedly in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.1 | 0.1 | 0.2 | 25.4 | 184.8% |
| Saudi Arabia | N/A | N/A | N/A | 15.8 | 0% |
| Germany | 1.9 | 0.6 | 1.5 | 2.5 | 9.6% |
| South Korea | 74.2 | 18.7 | 34.2 | N/A | -32.1% |
| Taiwan (Chinese) | 28.4 | 7.2 | 76.7 | N/A | 64.3% |
| Others | 7.9 | 2.3 | 5.4 | 1.5 | -42.5% |
| Total | 114 | 29.0 | 118 | 45.2 | -26.5% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Sri Lanka in 2022:
- Saudi Arabia (8.0 tons)
- India (3.3 tons)
- Germany (0.2 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka
In 2022, after two years of decline, there was significant decline in overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -50% to 30 kg. Overall, exports showed a precipitous decline.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses fell markedly to $48 in 2022. Over the period under review, exports saw a precipitous decline.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 1,276 | N/A | 95.0 | 48.0 | -66.5% |
| Seychelles | 282 | N/A | N/A | N/A | 0% |
| Others | 11.0 | N/A | N/A | N/A | 0% |
| Total | 1,569 | N/A | 95.0 | 48.0 | -68.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Sri Lanka in 2022:
- Maldives (30.0 kg)
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