Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Thailand - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (CIF) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (FOB) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $7,729 per ton, growing by 45% against the previous year. In general, the import price showed strong growth. The pace of growth was the most pronounced in 2017 an increase of 57%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Japan ($10,466 per ton), while the price for the United States ($6,603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+39.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (FOB) - 2022
In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $7,936 per ton, surging by 27% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 303%. As a result, the export price attained the peak level of $9,841 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($9,234 per ton), while the average price for exports to India ($4,852 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 India (+14.2%), 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 Thailand
In 2022, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into Thailand surged to 648 tons, with an increase of 20% against the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $5M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 75% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 271 | 798 | 268 | 3,054 | 124.2% |
| United States | 1,019 | 527 | 1,572 | 951 | -2.3% |
| China | 209 | 1,239 | 680 | 462 | 30.3% |
| Japan | 121 | 145 | 220 | 205 | 19.2% |
| India | 75.4 | 443 | 87.5 | 150 | 25.8% |
| Germany | 351 | 445 | 35.5 | 58.2 | -45.1% |
| Others | 47.2 | 57.5 | 24.9 | 126 | 38.7% |
| Total | 2,094 | 3,656 | 2,888 | 5,007 | 33.7% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Thailand in 2022:
- Jordan (414.0 tons)
- United States (144.0 tons)
- China (45.0 tons)
- Japan (19.6 tons)
- India (15.7 tons)
- Germany (2.5 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand
Exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves from Thailand soared to 56 tons in 2022, with an increase of 222% compared with the previous year. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 238%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $447K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 603% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 332 | 0% |
| China | 72.4 | N/A | 52.6 | 60.9 | -5.6% |
| Malaysia | N/A | 2.2 | 1.1 | 15.1 | 162.0% |
| India | N/A | 0.1 | 10.0 | 14.0 | 1083.2% |
| Singapore | N/A | 9.8 | 44.4 | 12.3 | 12.0% |
| Japan | N/A | N/A | N/A | 12.3 | 0% |
| Cambodia | N/A | 3.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 1.5 | N/A | 0% |
| Total | 72.4 | 15.6 | 110 | 447 | 83.5% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Thailand in 2022:
- Vietnam (36.0 tons)
- China (12.0 tons)
- India (2.9 tons)
- Japan (2.1 tons)
- Malaysia (1.9 tons)
- Singapore (1.4 tons)
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