Phenols; Phenol-Alcohols Price in Indonesia - 2022

Contents:

  1. Phenols; Phenol-Alcohols Price in Indonesia (CIF) - 2022
  2. Phenols; Phenol-Alcohols Price in Indonesia (FOB) - 2022
  3. Phenols; Phenol-Alcohols Imports in Indonesia
  4. Phenols; Phenol-Alcohols Exports in Indonesia

Phenols; Phenol-Alcohols Price in Indonesia (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $1,788 per ton, declining by -7.1% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25% against the previous year. The import price peaked at $2,172 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,031 per ton), while the price for Thailand ($1,142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Phenols; Phenol-Alcohols Price in Indonesia (FOB) - 2022

In March 2022, the average phenols; phenol-alcohols export price amounted to $2,521 per ton, remaining stable against the previous month. Overall, the export price showed a perceptible slump. The pace of growth appeared the most rapid in May 2021 an increase of 63% m-o-m. Over the period under review, the average export prices attained the maximum at $3,345 per ton in March 2021; however, from April 2021 to March 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In March 2022, the countries with the highest prices were Taiwan (Chinese) ($2,624 per ton) and Israel ($2,300 per ton), while the average price for exports to the United Arab Emirates ($1,925 per ton) and Tanzania ($1,925 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Imports in Indonesia

Phenols; phenol-alcohols imports into Indonesia reduced to 25K tons in 2022, waning by -11.6% compared with the previous year's figure. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.

In value terms, phenols; phenol-alcohols imports shrank rapidly to $45M in 2022. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $55M, and then contracted significantly in the following year.

Import of Phenols; Phenol-Alcohols in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore17.710.017.214.3-6.9%
Thailand8.23.58.47.0-5.1%
India4.75.66.65.55.4%
China3.33.85.44.510.9%
Taiwan (Chinese)5.52.84.94.1-9.3%
Japan3.73.33.63.0-6.8%
Russia1.91.01.41.2-14.2%
South Korea1.41.21.11.0-10.6%
Others4.34.26.24.62.3%
Total50.735.254.845.0-3.9%

Top Suppliers of Phenols; Phenol-Alcohols to Indonesia in 2022:

  1. Singapore (11.6K tons)
  2. Thailand (6.1K tons)
  3. Taiwan (Chinese) (2.7K tons)
  4. China (1.3K tons)
  5. India (0.9K tons)
  6. South Korea (0.7K tons)
  7. Japan (0.6K tons)
  8. Russia (0.4K tons)

Phenols; Phenol-Alcohols Exports in Indonesia

In 2022, shipments abroad of phenols; phenol-alcoholses was finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp reduction.

In value terms, phenols; phenol-alcohols exports surged to $4.6M in 2022. Overall, exports, however, continue to indicate a sharp setback.

Export of Phenols; Phenol-Alcohols in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,1792,311203782-37.3%
Taiwan (Chinese)3,285689247744-39.0%
Thailand12623211935841.6%
Philippines980184114344-29.5%
Vietnam2,193676105339-46.3%
Turkey3,60328760.7299-56.4%
South Africa70627962.6188-35.7%
Kenya74018647.6143-42.2%
India95419119.2103-52.4%
Sri Lanka32642.719.759.3-43.3%
Others7,8702,6693561,191-46.7%
Total23,9637,7461,3544,550-42.5%

Top Export Markets for Phenols; Phenol-Alcohols from Indonesia in 2022:

  1. Taiwan (Chinese) (255.7 tons)
  2. Vietnam (186.3 tons)
  3. Philippines (176.3 tons)
  4. Thailand (171.6 tons)
  5. Turkey (161.7 tons)
  6. South Africa (94.1 tons)
  7. Kenya (72.6 tons)
  8. India (36.4 tons)
  9. Sri Lanka (29.0 tons)
  10. United States (28.6 tons)

Source: IndexBox Market Intelligence Platform

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