Phenols; Phenol-Alcohols Price in the Netherlands - 2023
Contents:
- Phenols; Phenol-Alcohols Price in the Netherlands (CIF) - 2023
- Phenols; Phenol-Alcohols Price in the Netherlands (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in the Netherlands
- Phenols; Phenol-Alcohols Exports in the Netherlands
Phenols; Phenol-Alcohols Price in the Netherlands (CIF) - 2023
The average phenols; phenol-alcohols import price stood at $1,338 per ton in August 2023, dropping by -1.8% against the previous month. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 15% month-to-month. The import price peaked at $2,037 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,725 per ton), while the price for Belgium ($1,063 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.5%), while the prices for the other major suppliers experienced a decline.
Phenols; Phenol-Alcohols Price in the Netherlands (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $2,461 per ton, surging by 19% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 33%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($5,057 per ton), while the average price for exports to Austria ($1,582 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in the Netherlands
In 2022, phenols; phenol-alcohols imports into the Netherlands fell significantly to 391K tons, with a decrease of -23.3% against 2021. Overall, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports attained the peak of 510K tons, and then reduced sharply in the following year.
In value terms, phenols; phenol-alcohols imports contracted to $627M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of $669M, and then shrank in the following year.
| Import of Phenols; Phenol-Alcohols in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 218 | 181 | 399 | 319 | 13.5% |
| Germany | 108 | 75.1 | 113 | 116 | 2.4% |
| Saudi Arabia | 23.6 | 28.2 | 52.7 | 77.5 | 48.6% |
| United States | 35.0 | 43.8 | 45.9 | 47.8 | 10.9% |
| South Korea | 0.1 | 4.4 | 13.8 | 19.4 | 478.9% |
| Others | 35.9 | 34.3 | 44.4 | 46.9 | 9.3% |
| Total | 421 | 367 | 669 | 627 | 14.2% |
Top Suppliers of Phenols; Phenol-Alcohols to the Netherlands in 2022:
- Belgium (217.7K tons)
- Germany (73.8K tons)
- Saudi Arabia (49.1K tons)
- United States (27.7K tons)
- South Korea (7.2K tons)
Phenols; Phenol-Alcohols Exports in the Netherlands
Phenols; phenol-alcohols exports from the Netherlands dropped notably to 51K tons in 2022, falling by -49.9% against the previous year. Over the period under review, exports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 65%.
In value terms, phenols; phenol-alcohols exports contracted sharply to $125M in 2022. Overall, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 105% against the previous year. As a result, the exports attained the peak of $209M, and then dropped rapidly in the following year.
| Export of Phenols; Phenol-Alcohols in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 102 | 26.8 | 63.3 | 42.8 | -25.1% |
| Belgium | 6.2 | 8.7 | 18.3 | 17.5 | 41.3% |
| Jordan | N/A | N/A | 11.6 | 8.7 | -25.0% |
| United Kingdom | 1.9 | 4.6 | 8.8 | 8.3 | 63.5% |
| Italy | 5.0 | 5.0 | 13.5 | 7.9 | 16.5% |
| Poland | 4.6 | 1.7 | 5.8 | 4.2 | -3.0% |
| Austria | 5.4 | 2.2 | 3.4 | 3.7 | -11.8% |
| China | 0.9 | 15.1 | 14.7 | 0.9 | 0.0% |
| Turkey | 3.0 | 6.3 | 0.2 | 0.3 | -53.6% |
| Saudi Arabia | 2.4 | 7.4 | 1.9 | 0.1 | -65.3% |
| Others | 10.6 | 24.6 | 67.8 | 30.4 | 42.1% |
| Total | 142 | 102 | 209 | 125 | -4.2% |
Top Export Markets for Phenols; Phenol-Alcohols from the Netherlands in 2022:
- Saudi Arabia (undefinedK tons)
- Germany (20.1K tons)
- Belgium (9.6K tons)
- Italy (3.3K tons)
- Jordan (3.2K tons)
- United Kingdom (2.3K tons)
- Austria (2.3K tons)
- Poland (1.6K tons)
- China (0.4K tons)
- Turkey (0.1K tons)
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