Phenols; Phenol-Alcohols Price in Angola - 2022
Contents:
Phenols; Phenol-Alcohols Price in Angola (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $3,026 per ton, rising by 3.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum at $4,385 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($16,095 per ton), while the price for the United States ($898 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced a decline.
Phenols; Phenol-Alcohols Imports in Angola
In 2022, overseas purchases of phenols; phenol-alcoholses decreased by -40.6% to 84 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 155% against the previous year. As a result, imports attained the peak of 141 tons, and then reduced markedly in the following year.
In value terms, phenols; phenol-alcohols imports fell remarkably to $254K in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 341%. As a result, imports attained the peak of $413K, and then reduced sharply in the following year.
| Import of Phenols; Phenol-Alcohols in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.4 | 1.2 | 123 | 750.4% |
| India | 11.4 | 32.0 | 241 | 54.1 | 68.0% |
| China | 9.6 | 11.8 | 2.1 | 54.0 | 77.8% |
| United States | 5.6 | 13.1 | 54.7 | 8.1 | 13.1% |
| Taiwan (Chinese) | 11.8 | 19.1 | 35.3 | 7.0 | -16.0% |
| Latvia | N/A | N/A | 49.8 | N/A | 0% |
| Others | 60.4 | 17.4 | 29.8 | 7.3 | -50.6% |
| Total | 99.1 | 93.8 | 413 | 254 | 36.9% |
Top Suppliers of Phenols; Phenol-Alcohols to Angola in 2022:
- China (42.7 tons)
- India (17.9 tons)
- United States (9.0 tons)
- Germany (7.7 tons)
- Taiwan (Chinese) (5.4 tons)
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