Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States - 2023

Contents:

1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States (FOB) - 2023
2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States (CIF) - 2022
3. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States
4. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States (FOB) - 2023

The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,033 per ton in December 2023, remaining constant against the previous month. In general, the export price, however, saw modest growth. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 56% m-o-m. Over the period under review, the average export prices reached the maximum at $2,831 per ton in May 2023; however, from June 2023 to December 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In December 2023, the countries with the highest prices were Mexico ($2,174 per ton) and Canada ($2,152 per ton), while the average price for exports to Singapore ($1,470 per ton) and Brazil ($1,820 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States (CIF) - 2022

The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,039 per ton in 2022, picking up by 13% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24%. Over the period under review, average import prices attained the maximum at $3,493 per ton in 2012; however, from 2013 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 China ($2,637 per ton), while the price for Mexico ($1,656 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States

Exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves from the United States surged to 18K tons in 2022, growing by 28% compared with the previous year's figure. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $37M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from the United States in 2022:

1. Mexico (5.6K tons)
2. China (5.2K tons)
3. Canada (4.2K tons)
4. Singapore (0.6K tons)
5. Malaysia (0.6K tons)
6. Brazil (0.5K tons)
7. India (0.4K tons)
8. Netherlands (0.2K tons)

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the United States

In 2022, purchases abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -28.4% to 797 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of 1.1K tons, and then fell dramatically in the following year.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves reduced rapidly to $1.6M in 2022. In general, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $2M, and then shrank notably in the following year.

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to the United States in 2022:

1. Mexico (381.4 tons)
2. Taiwan (Chinese) (238.5 tons)
3. Japan (99.2 tons)
4. China (36.3 tons)
5. Brazil (32.8 tons)

Source: IndexBox Market Intelligence Platform