Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,116 per ton in 2022, which is down by -11.4% against the previous year. Over the period under review, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. The import price peaked at $1,880 per ton in 2015; however, from 2016 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 Taiwan (Chinese) ($1,642 per ton), while the price for Saudi Arabia ($410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,840 per ton, falling by -8.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 48% against the previous year. The export price peaked at $2,436 per ton in 2017; however, from 2018 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 India.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +14.2% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates
In 2022, overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses were finally on the rise to reach 1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $1.1M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 162 | 155 | 151 | 728 | 65.0% |
| Saudi Arabia | 1.5 | 5.7 | 6.1 | 174 | 387.7% |
| Taiwan (Chinese) | 12.4 | N/A | 1.0 | 103 | 102.5% |
| China | N/A | 0.7 | N/A | 69.0 | 892.8% |
| South Africa | 3.9 | 26.1 | 9.3 | 37.1 | 111.9% |
| South Korea | 39.5 | 4.9 | N/A | N/A | -87.6% |
| Others | 2.3 | 3.7 | 5.5 | 38.9 | 156.7% |
| Total | 222 | 196 | 173 | 1,150 | 73.0% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to the United Arab Emirates in 2022:
- India (459.3 tons)
- Saudi Arabia (424.6 tons)
- Taiwan (Chinese) (62.5 tons)
- China (47.6 tons)
- South Africa (23.6 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -94.6% to 1.1 tons. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 21 tons, and then shrank sharply in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses declined notably to $2.1K in 2022. In general, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $43K, and then shrank markedly in the following year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 0.5 | 1.5 | 200.0% |
| Iran | 34.2 | 36.8 | 40.3 | N/A | 8.6% |
| Others | 0.1 | 1.4 | 1.8 | 0.6 | 81.7% |
| Total | 34.3 | 38.2 | 42.6 | 2.1 | -60.6% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from the United Arab Emirates in 2022:
- India (1136.0 kg)
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