Phenols; Phenol-Alcohols Price in Romania - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Romania (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Romania (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Romania
- Phenols; Phenol-Alcohols Exports in Romania
Phenols; Phenol-Alcohols Price in Romania (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $2,269 per ton, rising by 23% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $2,916 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,097 per ton), while the price for Russia ($1,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Romania (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $33,167 per ton, with an increase of 34% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 83% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,420,000 per ton), while the average price for exports to Cyprus ($21,210 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 (+74.5%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Romania
After three years of growth, purchases abroad of phenols; phenol-alcoholses decreased by -5.7% to 4.6K tons in 2022. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 4.9K tons, and then fell in the following year.
In value terms, phenols; phenol-alcohols imports surged to $10M in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.4 | 0.4 | 2.5 | 102.7% |
| Poland | 1.6 | 1.0 | 1.8 | 2.1 | 9.5% |
| Finland | 1.7 | 0.9 | 1.6 | 1.7 | 0.0% |
| Belgium | 0.7 | 0.2 | 1.1 | 1.1 | 16.3% |
| Russia | N/A | 0.9 | 2.5 | 1.1 | 10.6% |
| Netherlands | 1.0 | 0.7 | 0.9 | 0.6 | -15.7% |
| Others | 0.7 | 1.4 | 0.7 | 1.2 | 19.7% |
| Total | 6.0 | 5.6 | 9.0 | 10.4 | 20.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Romania in 2022:
- Germany (1337.9 tons)
- Finland (930.8 tons)
- Poland (800.3 tons)
- Russia (656.8 tons)
- Belgium (522.5 tons)
- Netherlands (149.8 tons)
Phenols; Phenol-Alcohols Exports in Romania
In 2022, shipments abroad of phenols; phenol-alcoholses decreased by -45.1% to 19 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. As a result, the exports attained the peak of 46 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, phenols; phenol-alcohols exports contracted rapidly to $615K in 2022. In general, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Phenols; Phenol-Alcohols in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 175 | 159 | 154 | 382 | 29.7% |
| Cyprus | N/A | 646 | 228 | 217 | -42.0% |
| Spain | 69.7 | 310 | 203 | 5.3 | -57.6% |
| Bulgaria | N/A | N/A | 31.6 | 1.0 | -96.8% |
| Hungary | 102 | 32.4 | N/A | N/A | -68.2% |
| Greece | 357 | 108 | 216 | N/A | -22.2% |
| Others | 8.9 | 16.5 | 1.2 | 9.3 | 1.5% |
| Total | 713 | 1,272 | 833 | 615 | -4.8% |
Top Export Markets for Phenols; Phenol-Alcohols from Romania in 2022:
- Cyprus (10.2 tons)
- Germany (7.9 tons)
- Bulgaria (0.2 tons)
- Spain (0.2 tons)
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