Phenols; Phenol-Alcohols Price in Saudi Arabia - 2021
Contents:
- Phenols; Phenol-Alcohols Price in Saudi Arabia (FOB) - 2022
- Phenols; Phenol-Alcohols Price in Saudi Arabia (CIF) - 2022
- Phenols; Phenol-Alcohols Exports in Saudi Arabia
- Phenols; Phenol-Alcohols Imports in Saudi Arabia
Phenols; Phenol-Alcohols Price in Saudi Arabia (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $977 per ton, shrinking by -8% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 28%. The export price peaked at $1,609 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($983 per ton), while the average price for exports to the Netherlands totaled $946 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-4.4%), while the prices for the other major destinations experienced a decline.
Phenols; Phenol-Alcohols Price in Saudi Arabia (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $2,146 per ton in 2022, rising by 6.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The import price peaked at $2,456 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($3,924 per ton), while the price for South Korea ($1,581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Exports in Saudi Arabia
Phenols; phenol-alcohols exports from Saudi Arabia shrank notably to 256K tons in 2022, dropping by -19.6% against the year before. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of 318K tons, and then fell significantly in the following year.
In value terms, phenols; phenol-alcohols exports dropped markedly to $250M in 2022. Over the period under review, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of $338M, and then reduced remarkably in the following year.
| Export of Phenols; Phenol-Alcohols in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 238 | 133 | 257 | 212 | -3.8% |
| Netherlands | 18.0 | 19.8 | 25.5 | 21.0 | 5.3% |
| Belgium | N/A | N/A | 19.6 | N/A | 0% |
| India | 2.1 | N/A | 14.8 | N/A | 165.5% |
| Others | 11.9 | 8.7 | 20.9 | 17.1 | 12.8% |
| Total | 270 | 162 | 338 | 250 | -2.5% |
Top Export Markets for Phenols; Phenol-Alcohols from Saudi Arabia in 2022:
- China (215.3K tons)
- Netherlands (22.2K tons)
Phenols; Phenol-Alcohols Imports in Saudi Arabia
Phenols; phenol-alcohols imports into Saudi Arabia fell rapidly to 22K tons in 2022, dropping by -16.9% against 2021 figures. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 7.7% against the previous year.
In value terms, phenols; phenol-alcohols imports dropped to $46M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of $52M, and then fell in the following year.
| Import of Phenols; Phenol-Alcohols in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.2 | 6.6 | 11.6 | 10.8 | -6.5% |
| Taiwan (Chinese) | 5.5 | 1.8 | 9.2 | 8.6 | 16.1% |
| Switzerland | 10.1 | 6.6 | 8.9 | 8.3 | -6.3% |
| Netherlands | 3.1 | 6.6 | 4.0 | 4.2 | 10.7% |
| Japan | 3.0 | 5.2 | 1.9 | 3.1 | 1.1% |
| Slovakia | 2.2 | 3.1 | 2.5 | 2.4 | 2.9% |
| China | 0.8 | 3.3 | 2.0 | 1.9 | 33.4% |
| Thailand | N/A | 0.8 | 2.4 | N/A | 200.0% |
| Singapore | 2.4 | N/A | 2.4 | N/A | 0.0% |
| Others | 3.6 | 6.3 | 7.4 | 7.0 | 24.8% |
| Total | 43.9 | 40.4 | 52.3 | 46.4 | 1.9% |
Top Suppliers of Phenols; Phenol-Alcohols to Saudi Arabia in 2022:
- South Korea (6.8K tons)
- Switzerland (4.6K tons)
- Taiwan (Chinese) (2.9K tons)
- Netherlands (2.5K tons)
- Japan (1.9K tons)
- China (0.6K tons)
- Slovakia (0.6K tons)
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