Phenols; Phenol-Alcohols Price in Algeria - 2022
Contents:
Phenols; Phenol-Alcohols Price in Algeria (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $8,309 per ton in 2022, falling by -21.4% against the previous year. In general, the import price, however, recorded slight growth. The most prominent rate of growth was recorded in 2017 an increase of 90%. As a result, import price attained the peak level of $11,880 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($70,908 per ton), while the price for the United States ($1,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Algeria
In 2022, phenols; phenol-alcohols imports into Algeria surged to 237 tons, with an increase of 17% against the year before. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of 270 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, phenols; phenol-alcohols imports fell to $2M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $2.1M, and then declined in the following year.
| Import of Phenols; Phenol-Alcohols in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 523 | 778 | 919 | 781 | 14.3% |
| United States | 248 | 295 | 299 | 281 | 4.3% |
| Russia | 126 | 137 | 127 | 109 | -4.7% |
| Turkey | 40.3 | 46.7 | 46.1 | 42.3 | 1.6% |
| Denmark | 46.0 | 32.5 | 67.8 | 34.4 | -9.2% |
| Others | 543 | 500 | 690 | 720 | 9.9% |
| Total | 1,526 | 1,789 | 2,148 | 1,968 | 8.8% |
Top Suppliers of Phenols; Phenol-Alcohols to Algeria in 2022:
- United States (165.2 tons)
- Russia (42.3 tons)
- China (11.0 tons)
- Turkey (5.6 tons)
- Denmark (3.4 tons)
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