Phenol-formaldehyde resins imports in Saudi Arabia: data, top suppliers and prices
In 2024, Saudi Arabia imported phenol-formaldehyde resins worth $40.3 million (16.6 thousand tonnes). Its share of world imports was 2%. Value rose 31% on 2023. Over 2017-2024 the trade grew strongly, by about 16% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $40.3M | 16.6K t |
| 2023 | $30.8M | 10.3K t |
| 2022 | $31.1M | 12.8K t |
| 2021 | $19.7M | 7.3K t |
| 2020 | $17.1M | 6.5K t |
| 2019 | $17.8M | 6.7K t |
| 2018 | $17.3M | 6.2K t |
| 2017 | $14.1M | 6.3K t |
Where Saudi Arabia imports phenol-formaldehyde resins from
Singapore alone supplied 64% of it. Among the main suppliers, Singapore grew fastest (+134% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Singapore | $25.9M | 64% |
| Germany | $4.1M | 10% |
| India | $3.2M | 8% |
| South Korea | $2.9M | 7.2% |
| China | $1.4M | 3.5% |
| United States | $1.4M | 3.5% |
| United Arab Emirates | $473K | 1.2% |
| France | $266K | 0.7% |
| Spain | $201K | 0.5% |
| Switzerland | $137K | 0.3% |
Average import price per kg
The average declared value was about $2.42 per kg, close to the world average of $2.15.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Phenol-formaldehyde resins exports from Saudi Arabia
In 2024, Saudi Arabia exported phenol-formaldehyde resins worth $1.7 million (688 tonnes). Most of it went to Oman (28%), Kuwait (21%), United Arab Emirates (18%). Among the main buyer markets, Philippines grew fastest (+419% on the year before).
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia phenol-formaldehyde resins imports (HS 3909.40): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 3909.40: Phenolic resins: in primary forms.
Common questions
What is the value of phenol-formaldehyde resins imported by Saudi Arabia?
Saudi Arabia imported phenol-formaldehyde resins worth $40.3 million in 2024, the latest year with complete public data, about 16.6 thousand tonnes. That ranks it 15th of 176 countries worldwide, with 2% of world imports. The value was up 31% on 2023.
Which countries supply phenol-formaldehyde resins to Saudi Arabia?
Singapore was the largest supplier with 64% of the value ($25.9 million), followed by Germany (10%) and India (8%). The top three together account for 82%, out of 19 supplier countries in total. The United Arab Emirates grew fastest among the top ten, up 362% on the year.
What is the average import price of phenol-formaldehyde resins per kg?
The average declared import value was about $2.42 per kg in 2024, 13% above the world average of $2.15 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of phenol-formaldehyde resins to Saudi Arabia changed since 2017?
Imports went from $14.1 million in 2017 to $40.3 million in 2024, an increase of 186%. 2024 was the highest year in the period. Over 8 years the average was $23.5 million a year.
Does Saudi Arabia also export phenol-formaldehyde resins?
Yes. Saudi Arabia exported $1.7 million worth of this product in 2024, mainly to Oman, Kuwait and the United Arab Emirates. On balance Saudi Arabia is a net importer of this product, by about $38.6 million a year.
What is the HS code for phenol-formaldehyde resins?
The HS code for phenol-formaldehyde resins is subheading 3909.40. It sits in HS chapter 39 (plastics and articles thereof). The full list of codes and descriptions is on the HS 3909 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Saudi Arabia. Tell us your product to see it live.
Same product, other countries
World phenol-formaldehyde resins trade: top importers and exporters
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