Phenols; Phenol-Alcohols Price in Paraguay - 2023

Phenols; Phenol-Alcohols Price in Paraguay (CIF) - 2022

The average phenols; phenol-alcohols import price stood at $3,978 per ton in 2022, dropping by -37.6% against the previous year. In general, the import price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 67%. The import price peaked at $6,378 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,669 per ton), while the price for Brazil ($2,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Phenols; Phenol-Alcohols Price in Paraguay (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $20,544 per ton in 2022, picking up by 80% against the previous year. Over the period under review, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +10.8% per year.

Phenols; Phenol-Alcohols Imports in Paraguay

For the fourth year in a row, Paraguay recorded growth in overseas purchases of phenols; phenol-alcoholses, which increased by 7.8% to 102 tons in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 106%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, phenols; phenol-alcohols imports fell notably to $407K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 147% against the previous year.

Import of Phenols; Phenol-Alcohols in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	39.9	123	86.8	208	73.4%
Brazil	1.4	22.4	63.8	160	385.3%
Spain	10.5	18.0	13.3	2.0	-42.5%
Russia	20.7	21.1	70.0	0.1	-83.1%
Mexico	40.0	83.9	92.8	N/A	52.3%
Others	45.7	122	278	37.2	-6.6%
Total	158	391	605	407	37.1%

Top Suppliers of Phenols; Phenol-Alcohols to Paraguay in 2022:

Russia (undefined tons)
Brazil (64.1 tons)
China (36.6 tons)
Spain (0.2 tons)

Phenols; Phenol-Alcohols Exports in Paraguay

In 2022, shipments abroad of phenols; phenol-alcoholses decreased by -49.1% to 114 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 115%. As a result, the exports attained the peak of 224 kg, and then declined sharply in the following year.

In value terms, phenols; phenol-alcohols exports contracted to $2.3K in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 238% against the previous year.