Price for Monophenols; Cresols and Their Salts in Belgium - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Belgium (FOB) - 2022
- Price for Monophenols; Cresols and Their Salts in Belgium (CIF) - 2022
- Exports of Monophenols; Cresols and Their Salts in Belgium
- Imports of Monophenols; Cresols and Their Salts in Belgium
Price for Monophenols; Cresols and Their Salts in Belgium (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $2,883 per ton, surging by 29% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 61%. As a result, the export price attained the peak level of $5,198 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
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 China ($6,177 per ton), while the average price for exports to India ($2,255 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 France (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Belgium (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $2,831 per ton in 2022, growing by 45% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $3,324 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,648 per ton), while the price for South Africa ($2,180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Monophenols; Cresols and Their Salts in Belgium
In 2022, shipments abroad of monophenols; cresols and their saltses decreased by -28.8% to 7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 33,330% against the previous year. As a result, the exports reached the peak of 10K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, monophenols; cresols and their salts exports fell to $20M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 13,964%. As a result, the exports reached the peak of $22M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Monophenols; Cresols and Their Salts in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.1 | 9.4 | 6.4 | 7.1 | 314.1% |
Germany | N/A | 4.5 | 6.2 | 4.6 | 1.1% |
France | N/A | 3.3 | 3.0 | 2.6 | -11.2% |
India | N/A | 0.5 | 0.5 | 2.0 | 100.0% |
Italy | N/A | 0.2 | 0.5 | 1.2 | 144.9% |
Japan | N/A | 1.0 | 1.9 | 0.9 | -5.1% |
Spain | N/A | 1.0 | 0.8 | 0.6 | -22.5% |
Poland | N/A | 0.3 | 0.9 | N/A | 200.0% |
Others | 0.1 | 1.8 | 1.7 | 1.2 | 128.9% |
Total | 0.2 | 22.1 | 22.0 | 20.2 | 365.7% |
Top Export Markets for Monophenols; Cresols and Their Salts from Belgium in 2022:
- Poland (undefined tons)
- United Kingdom (3099.6 tons)
- Germany (1337.7 tons)
- India (874.0 tons)
- Italy (501.9 tons)
- France (462.2 tons)
- Japan (275.9 tons)
- Spain (193.4 tons)
Imports of Monophenols; Cresols and Their Salts in Belgium
In 2022, approx. 11K tons of monophenols; cresols and their saltses were imported into Belgium; increasing by 14% compared with the previous year's figure. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,939% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, monophenols; cresols and their salts imports soared to $30M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,511% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Monophenols; Cresols and Their Salts in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.1 | 5.5 | 4.0 | 9.3 | 353.1% |
South Africa | N/A | 8.6 | 7.9 | 8.7 | 0.6% |
Germany | 0.2 | 3.6 | 3.3 | 7.7 | 237.7% |
India | 0.1 | 1.1 | 1.8 | 2.3 | 184.4% |
China | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
Others | 0.5 | 2.2 | 0.9 | 0.9 | 21.6% |
Total | 0.8 | 21.2 | 18.0 | 29.8 | 234.0% |
Top Suppliers of Monophenols; Cresols and Their Salts to Belgium in 2022:
- South Africa (4.0K tons)
- United States (2.8K tons)
- Germany (2.8K tons)
- India (0.5K tons)
- China (0.2K tons)
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