Report Update: Nov 1, 2024

U.S. - Phenols - Market Analysis, Forecast, Size, Trends and Insights

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Phenols Prices in the United States

U.S. Phenols Export Price per Ton in June 2022

In June 2022, the phenols price per ton amounted to $3.1K (FOB, US), rising by 44% against the previous month. In general, export price indicated a strong expansion from January 2022 to June 2022: its price increased at an average monthly rate of +10.5% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, phenols export price decreased by -5.4% against April 2022 indices. Over the period under review, the average export prices hit record highs at $3.3K per ton in April 2022; however, from May 2022 to June 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In June 2022, the country with the highest price was Turkey ($28.5K per ton), while the average price for exports to the Netherlands ($1.6K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+86.7%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Phenols Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was polyphenols and phenol-alcohols ($9.1K per ton), while the average price for exports of 4,4-isopropylidenediphenol (bisphenol a; diphenylolpropane) and its salts ($1.8K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: monophenols (+6.3%), while the prices for the other products experienced more modest paces of growth.

U.S. Phenols Exports

In August 2022, approximately 25K tons of phenols were exported from the United States; reducing by -12.9% against July 2022 figures. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in May 2022 with an increase of 89% against the previous month.

In value terms, phenols exports declined dramatically to $73M (IndexBox estimates) in August 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 37% month-to-month. As a result, the exports reached the peak of $99M. From April 2022 to August 2022, the growth of the exports remained at a lower figure.

U.S. Phenols Exports by Type

Monophenols (20K tons) was the largest type of phenols exported from the United States, with a 80% share of total exports. Moreover, monophenols exceeded the volume of the second product type, polyphenols and phenol-alcohols (1.8K tons), more than tenfold. Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols (1.3K tons) ranked third in terms of total exports with a 5.2% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of export of monophenols stood at -6.8%. With regard to the other exported products, the following average monthly rates of growth were recorded: polyphenols and phenol-alcohols (+2.2% per month) and halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols (-6.9% per month).

In value terms, monophenols ($40M) remains the largest type of phenols exported from the United States, comprising 55% of total exports. The second position in the ranking was taken by polyphenols and phenol-alcohols ($17M), with a 23% share of total exports. It was followed by halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols, with an 11% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the export volume of monophenols was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: polyphenols and phenol-alcohols (+6.6% per month) and halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols (-3.0% per month).

U.S. Phenols Exports by Country

Canada (5.9K tons), the Netherlands (5.2K tons) and Mexico (3.7K tons) were the main destinations of phenols exports from the United States, together accounting for 57% of total exports. These countries were followed by China, Colombia, South Korea, India, Taiwan (Chinese), Belgium, Brazil and Turkey, which together accounted for a further 28%.

From January 2022 to June 2022, the biggest increases were in Colombia (with a CAGR of +77.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($11M), Mexico ($8.9M) and the Netherlands ($8.3M) were the largest markets for phenols exported from the United States worldwide, with a combined 34% share of total exports. These countries were followed by China, South Korea, Taiwan (Chinese), India, Belgium, Colombia, Brazil and Turkey, which together accounted for a further 35%.

Colombia, with a CAGR of +59.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phenols market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20142410 - Monophenols
Prodcom 20142433 - 4,4-Isopropylidenediphenol (bisphenol A, diphenylolpropane) a nd its salts
Prodcom 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols
Prodcom 20142450 - Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023