Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India - 2023
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (CIF) - 2023
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (FOB) - 2023
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India
- Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (CIF) - 2023
The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $1,734 per ton in October 2023, shrinking by -9.1% against the previous month. Over the period under review, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 5.7% month-to-month. Over the period under review, average import prices hit record highs at $2,321 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were South Korea ($1,879 per ton) and Japan ($1,868 per ton), while the price for China ($1,669 per ton) and Taiwan (Chinese) ($1,705 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (FOB) - 2023
The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $1,969 per ton in October 2023, dropping by -14.1% against the previous month. Overall, the export price showed a slight reduction. The most prominent rate of growth was recorded in July 2023 an increase of 25% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,690 per ton in February 2023; however, from March 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Singapore ($1,985 per ton), while the average price for exports to the United Arab Emirates totaled $1,949 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.5%), while the prices for the other major destinations experienced a decline.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India
In 2022, supplies from abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by 12% to 4.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep setback.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves surged to $12M in 2022. In general, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 7.0 | 3.7 | 2.8 | 6.0 | -5.0% |
| South Korea | 2.0 | 2.1 | 2.8 | 3.6 | 21.6% |
| Japan | 0.5 | 0.2 | 1.2 | 1.3 | 37.5% |
| United States | N/A | 0.1 | N/A | 0.9 | 200.0% |
| United Kingdom | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 9.7 | 6.3 | 7.1 | 12.1 | 7.6% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to India in 2022:
- Taiwan (Chinese) (2283.4 tons)
- South Korea (1603.0 tons)
- Japan (518.7 tons)
- United States (410.0 tons)
- United Kingdom (76.0 tons)
Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India
In 2022, the amount of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves exported from India dropped rapidly to 1.4K tons, falling by -46.4% on 2021. In general, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.
In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves dropped remarkably to $3.7M in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 93%.
| Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 82.2 | 18.8 | 13.8 | 1,366 | 155.2% |
| Singapore | 1,230 | 533 | 1,819 | 1,235 | 0.1% |
| China | 2,460 | 619 | 772 | 530 | -40.1% |
| Malaysia | N/A | N/A | 1,647 | 416 | -74.7% |
| Australia | 580 | 707 | 474 | 88.3 | -46.6% |
| Thailand | 26.9 | 51.2 | 128 | 49.0 | 22.1% |
| Iran | 769 | 355 | N/A | N/A | -53.8% |
| Others | 93.1 | 300 | 142 | 55.3 | -15.9% |
| Total | 5,241 | 2,584 | 4,996 | 3,740 | -10.6% |
Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from India in 2022:
- Singapore (534.6 tons)
- United Arab Emirates (520.0 tons)
- China (207.0 tons)
- Australia (60.1 tons)
- Thailand (32.8 tons)
- Malaysia (26.2 tons)
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