Phenols; Phenol-Alcohols Price in Denmark - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Denmark (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Denmark (FOB) - 2023
- Phenols; Phenol-Alcohols Imports in Denmark
- Phenols; Phenol-Alcohols Exports in Denmark
Phenols; Phenol-Alcohols Price in Denmark (CIF) - 2023
In July 2023, the average phenols; phenol-alcohols import price amounted to $2,110 per ton, waning by -15.2% against the previous month. Overall, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs at $3,169 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,671 per ton), while the price for Finland stood at $1,571 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (-2.6%), while the prices for the other major suppliers experienced a decline.
Phenols; Phenol-Alcohols Price in Denmark (FOB) - 2023
In July 2023, the average phenols; phenol-alcohols export price amounted to $1,949 per ton, falling by -23.4% against the previous month. In general, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in May 2023 an increase of 282% against the previous month. As a result, the export price reached the peak level of $7,384 per ton. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From July 2022 to July 2023, the rate of growth in terms of prices for Sweden amounted to -4.2% per month.
Phenols; Phenol-Alcohols Imports in Denmark
In 2022, approx. 6.1K tons of phenols; phenol-alcoholses were imported into Denmark; picking up by 10% against 2021. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, phenols; phenol-alcohols imports soared to $16M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.2 | 2.9 | 7.8 | 9.9 | 45.7% |
| Spain | 1.0 | 1.3 | 2.4 | 2.9 | 42.6% |
| Finland | 0.7 | 0.4 | 0.8 | 1.3 | 22.9% |
| Others | 1.3 | 1.4 | 1.7 | 1.8 | 11.5% |
| Total | 6.2 | 5.9 | 12.6 | 15.8 | 36.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Denmark in 2022:
- Germany (3.9K tons)
- Spain (1.4K tons)
- Finland (0.6K tons)
Phenols; Phenol-Alcohols Exports in Denmark
Phenols; phenol-alcohols exports from Denmark soared to 3.7K tons in 2022, increasing by 41% on the previous year's figure. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, phenols; phenol-alcohols exports surged to $10M in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Phenols; Phenol-Alcohols in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.9 | 1.9 | 4.0 | 6.4 | 49.9% |
| Italy | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Ukraine | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
| Others | 2.6 | 3.3 | 3.8 | 3.6 | 11.5% |
| Total | 5.0 | 5.6 | 8.3 | 10.2 | 26.8% |
Top Export Markets for Phenols; Phenol-Alcohols from Denmark in 2022:
- Sweden (3476.0 tons)
- Italy (29.8 tons)
- Ukraine (23.8 tons)
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