Phenols; Phenol-Alcohols Price in Russia - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Russia (FOB) - 2022
- Phenols; Phenol-Alcohols Price in Russia (CIF) - 2022
- Phenols; Phenol-Alcohols Exports in Russia
- Phenols; Phenol-Alcohols Imports in Russia
Phenols; Phenol-Alcohols Price in Russia (FOB) - 2022
In January 2022, the average phenols; phenol-alcohols export price amounted to $1,837 per ton, surging by 37% against the previous month. Over the period under review, export price indicated a slight expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, phenols; phenol-alcohols export price increased by +36.9% against October 2021 indices. The growth pace was the most rapid in May 2021 an increase of 78% against the previous month. As a result, the export price attained the peak level of $2,192 per ton. From June 2021 to January 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Brazil ($2,413 per ton), while the average price for exports to Austria ($1,058 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Russia (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $5,616 per ton in January 2022, falling by -3.4% against the previous month. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in August 2021 an increase of 25% month-to-month. Over the period under review, average import prices hit record highs at $6,716 per ton in January 2021; however, from February 2021 to January 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was India ($12,300 per ton), while the price for Brazil ($2,556 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Finland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Exports in Russia
In 2022, the amount of phenols; phenol-alcoholses exported from Russia contracted to 68K tons, dropping by -2% against the year before. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 2.1%.
In value terms, phenols; phenol-alcohols exports declined to $84M in 2022. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
| Export of Phenols; Phenol-Alcohols in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 14.2 | 5.6 | 12.5 | 23.0 | 17.4% |
| Poland | 11.3 | 11.5 | 20.2 | 19.9 | 20.8% |
| Lithuania | 26.0 | 14.1 | 12.5 | 5.9 | -39.0% |
| Brazil | 0.5 | 2.6 | 2.6 | 5.2 | 118.3% |
| Finland | N/A | 0.2 | 1.8 | 5.2 | 409.9% |
| South Korea | 10.9 | 3.5 | 4.3 | 4.2 | -27.2% |
| Belgium | 4.6 | 4.5 | 4.0 | 3.0 | -13.3% |
| Indonesia | 0.7 | 0.7 | 0.8 | 2.5 | 52.9% |
| Switzerland | 0.1 | 0.3 | 1.0 | 1.8 | 162.1% |
| Thailand | N/A | 0.1 | 0.5 | 1.7 | 312.3% |
| Romania | N/A | N/A | 0.9 | 1.1 | 22.2% |
| Czech Republic | 22.2 | 7.6 | 5.2 | 1.1 | -63.3% |
| Austria | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Others | 38.8 | 22.7 | 28.6 | 9.0 | -38.6% |
| Total | 129 | 73.4 | 95.3 | 84.4 | -13.2% |
Top Export Markets for Phenols; Phenol-Alcohols from Russia in 2022:
- Belarus (21.8K tons)
- Poland (14.1K tons)
- Finland (6.9K tons)
- Lithuania (3.7K tons)
- Brazil (3.2K tons)
- South Korea (2.7K tons)
- Belgium (2.0K tons)
- Switzerland (1.9K tons)
- Romania (1.5K tons)
- Indonesia (1.5K tons)
- Austria (1.1K tons)
- Thailand (1.0K tons)
- Czech Republic (0.7K tons)
Phenols; Phenol-Alcohols Imports in Russia
Phenols; phenol-alcohols imports into Russia skyrocketed to 8.3K tons in 2022, increasing by 57% compared with the previous year. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phenols; phenol-alcohols imports dropped slightly to $24M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 6.2% against the previous year. As a result, imports reached the peak of $25M, and then declined modestly in the following year.
| Import of Phenols; Phenol-Alcohols in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 5.9 | 7.8 | 4.7 | 5.5% |
| Brazil | 0.1 | 0.1 | 0.2 | 3.6 | 230.2% |
| South Korea | 0.2 | 0.6 | 1.0 | 3.2 | 152.0% |
| India | 2.3 | 2.6 | 2.2 | 3.1 | 10.5% |
| France | 2.7 | 2.1 | 2.8 | 2.8 | 1.2% |
| Taiwan (Chinese) | 2.3 | 1.9 | 2.3 | 2.5 | 2.8% |
| Japan | 1.9 | 1.8 | 1.8 | 1.7 | -3.6% |
| Poland | 1.8 | 1.4 | 2.1 | 1.5 | -5.9% |
| Germany | 1.7 | 1.0 | 1.5 | 0.4 | -38.3% |
| United Kingdom | 0.4 | 0.5 | 1.3 | N/A | 80.3% |
| Finland | 3.4 | 4.2 | 0.2 | N/A | -75.7% |
| Others | 1.7 | 1.4 | 1.7 | 0.7 | -25.6% |
| Total | 22.5 | 23.6 | 25.0 | 24.3 | 2.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Russia in 2022:
- Brazil (2686.6 tons)
- South Korea (1283.1 tons)
- Poland (964.0 tons)
- France (835.2 tons)
- China (744.0 tons)
- Taiwan (Chinese) (689.7 tons)
- India (485.2 tons)
- Japan (320.8 tons)
- Germany (94.1 tons)
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