Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Singapore - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (CIF) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (FOB) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,111 per ton in September 2022, which is down by -45.5% against the previous month. In general, the import price continues to indicate a sharp contraction. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 1,056% against the previous month. As a result, import price reached the peak level of $49,646 per ton. From April 2022 to September 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Israel.
From January 2022 to September 2022, the rate of growth in terms of prices for Israel amounted to -0.6% per month.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,507 per ton in 2022, declining by -34.1% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by +12.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 71%. As a result, the export price reached the peak level of $6,836 per ton, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($12,763 per ton), while the average price for exports to China ($2,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore
In 2022, after two years of decline, there was significant growth in purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, when their volume increased by 412% to 866 tons. In general, imports continue to indicate a mild expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $2.8M in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 1.4 | 1.2 | N/A | 2.5 | 21.3% |
| Germany | 0.9 | 0.6 | 1.2 | 0.1 | -51.9% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 2.5 | 1.9 | 1.4 | 2.8 | 3.8% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Singapore in 2022:
- Israel (840.0 tons)
- Germany (16.6 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore
In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves exported from Singapore skyrocketed to 377 tons, increasing by 269% against the year before. Over the period under review, exports, however, saw a perceptible setback.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $1.7M in 2022. Overall, exports, however, recorded a abrupt downturn.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 153 | 18.2 | 28.6 | 789 | 72.8% |
| China | 319 | 3,848 | 29.2 | 430 | 10.5% |
| Thailand | 194 | 38.8 | 19.2 | 144 | -9.5% |
| Hong Kong SAR | 170 | 370 | 353 | 112 | -13.0% |
| Malaysia | 142 | 85.1 | 56.5 | 103 | -10.2% |
| Indonesia | 409 | 273 | 1.2 | 28.2 | -59.0% |
| Taiwan (Chinese) | 504 | 1.2 | 6.2 | 3.4 | -81.1% |
| Others | 535 | 263 | 204 | 91.9 | -44.4% |
| Total | 2,426 | 4,898 | 698 | 1,701 | -11.2% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Singapore in 2022:
- China (203.2 tons)
- South Korea (120.0 tons)
- Thailand (22.4 tons)
- Malaysia (10.4 tons)
- Hong Kong SAR (8.8 tons)
- Indonesia (1.5 tons)
- Taiwan (Chinese) (0.9 tons)
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