Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in New Zealand - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in New Zealand (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in New Zealand
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in New Zealand (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $10,340 per ton in 2022, with an increase of 5.8% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 252% against the previous year. Over the period under review, average import prices reached the maximum at $26,154 per ton in 2018; however, from 2019 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 ($10,521 per ton), while the price for Germany ($2,397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in New Zealand
In 2022, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into New Zealand fell modestly to 55 tons, declining by -4.4% against the year before. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 185% against the previous year. As a result, imports attained the peak of 58 tons, and then shrank modestly in the following year.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $570K in 2022. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 169%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 428 | 173 | 511 | 563 | 9.6% |
| Australia | 5.9 | 1.5 | 0.8 | 0.1 | -74.3% |
| Indonesia | 3.9 | 7.2 | 10.8 | N/A | 66.4% |
| Italy | 25.9 | 24.9 | 29.1 | N/A | 6.0% |
| Others | 6.1 | 3.1 | 12.2 | 6.8 | 3.7% |
| Total | 470 | 209 | 564 | 570 | 6.6% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to New Zealand in 2022:
- India (53.6 tons)
- Australia (0.1 tons)
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