Price for Monophenols; Naphthols and Their Salts in Vietnam - 2022

Contents:

  1. Price for Monophenols; Naphthols and Their Salts in Vietnam (CIF) - 2022
  2. Imports of Monophenols; Naphthols and Their Salts in Vietnam

Price for Monophenols; Naphthols and Their Salts in Vietnam (CIF) - 2022

The average import price for monophenols; naphthols and their saltses stood at $3,482 per ton in 2022, dropping by -3.2% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monophenols; naphthols and their salts import price increased by +1.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. The import price peaked at $4,471 per ton in 2019; however, from 2020 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 Singapore ($7,702 per ton), while the price for Austria ($2,974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Monophenols; Naphthols and Their Salts in Vietnam

In 2022, purchases abroad of monophenols; naphthols and their saltses was finally on the rise to reach 4.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable slump.

In value terms, monophenols; naphthols and their salts imports rose markedly to $15K in 2022. Overall, imports, however, recorded a deep slump.

Import of Monophenols; Naphthols and Their Salts in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.012.710.912.1-12.4%
Singapore0.60.50.70.75.3%
Austria0.80.80.60.6-9.1%
Switzerland0.40.40.50.57.7%
Others1.91.71.71.3-11.9%
Total21.716.014.415.2-11.2%

Top Suppliers of Monophenols; Naphthols and Their Salts to Vietnam in 2022:

  1. China (3826.0 kg)
  2. Austria (207.0 kg)
  3. Switzerland (128.0 kg)
  4. Singapore (89.0 kg)

Source: IndexBox Market Intelligence Platform

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