Phenols; Phenol-Alcohols Price in Ukraine - 2023

Contents:

  1. Phenols; Phenol-Alcohols Price in Ukraine (CIF) - 2022
  2. Phenols; Phenol-Alcohols Price in Ukraine (FOB) - 2022
  3. Phenols; Phenol-Alcohols Imports in Ukraine
  4. Phenols; Phenol-Alcohols Exports in Ukraine

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

In 2022, the average phenols; phenol-alcohols import price amounted to $20,983 per ton, dropping by -41% against the previous year. Over the period under review, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 112% against the previous year. Over the period under review, average import prices reached the peak figure at $35,541 per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($245,343 per ton), while the price for South Korea ($4,832 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average phenols; phenol-alcohols export price amounted to $10,059 per ton, jumping by 117% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($38,540 per ton), while the average price for exports to China ($1,315 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 Moldova (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Imports in Ukraine

For the third consecutive year, Ukraine recorded decline in purchases abroad of phenols; phenol-alcoholses, which decreased by -57% to 75 tons in 2022. Over the period under review, imports faced a sharp decrease. The smallest decline of -23.4% was in 2021.

In value terms, phenols; phenol-alcohols imports fell markedly to $1.6M in 2022. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports attained the peak of $6.2M, and then contracted remarkably in the following year.

Import of Phenols; Phenol-Alcohols in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8562,4834,276629-9.8%
China38244476951210.3%
Germany843421773257-32.7%
India16.334.734.255.050.0%
South Korea51.05.1N/A38.7-8.8%
Italy52.376.715.419.3-28.3%
LithuaniaN/A20.054.112.3-21.6%
Japan1192201088.1-59.2%
United Kingdom1595.212.15.1-68.2%
Russia23028462.4N/A-47.9%
Others54.863.783.734.6-14.2%
Total2,7644,0586,1891,571-17.2%

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

  1. China (30.6 tons)
  2. Germany (22.1 tons)
  3. South Korea (8.0 tons)
  4. India (5.7 tons)
  5. Italy (2.9 tons)
  6. Switzerland (2.6 tons)
  7. Lithuania (1.4 tons)
  8. Japan (0.6 tons)
  9. United Kingdom (0.5 tons)

Phenols; Phenol-Alcohols Exports in Ukraine

For the third year in a row, Ukraine recorded decline in overseas shipments of phenols; phenol-alcoholses, which decreased by -89% to 26 tons in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of -1% was in 2021.

In value terms, phenols; phenol-alcohols exports contracted significantly to $261K in 2022. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 101%. As a result, the exports reached the peak of $1.1M, and then contracted significantly in the following year.

Export of Phenols; Phenol-Alcohols in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.1N/AN/A1571062.3%
Germany20313816146.2-38.9%
United States2.07.126.127.1138.4%
ItalyN/AN/AN/A11.50%
Latvia8.03.34.410.38.8%
ChinaN/AN/AN/A3.80%
Poland277250273N/A-0.7%
Belarus165140630N/A95.4%
Others6.06.03.74.5-9.1%
Total6625451,097261-26.7%

Top Export Markets for Phenols; Phenol-Alcohols from Ukraine in 2022:

  1. Lithuania (13.7 tons)
  2. United States (4.3 tons)
  3. China (2.9 tons)
  4. Latvia (2.6 tons)
  5. Germany (1.2 tons)
  6. Italy (0.9 tons)

Source: IndexBox Market Intelligence Platform

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