Price for Monophenols; Cresols and Their Salts in Luxembourg - 2022

Contents:

  1. Price for Monophenols; Cresols and Their Salts in Luxembourg (CIF) - 2022
  2. Imports of Monophenols; Cresols and Their Salts in Luxembourg

Price for Monophenols; Cresols and Their Salts in Luxembourg (CIF) - 2022

In 2022, the average import price for monophenols; cresols and their saltses amounted to $38,736 per ton, falling by -9.6% against the previous year. In general, the import price, however, showed a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 77%. Over the period under review, average import prices attained the peak figure at $42,860 per ton in 2021, and then contracted in the following year.

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 Belgium ($77,851 per ton), while the price for Germany totaled $29,084 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+66.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Monophenols; Cresols and Their Salts in Luxembourg

In 2022, the amount of monophenols; cresols and their saltses imported into Luxembourg contracted to 110 kg, which is down by -9.1% on the previous year. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 21%.

In value terms, monophenols; cresols and their salts imports declined significantly to $4.3K in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of $5.2K, and then fell remarkably in the following year.

Import of Monophenols; Cresols and Their Salts in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.4N/AN/A2.622.9%
Belgium2.43.35.21.7-10.9%
OthersN/AN/AN/AN/A0%
Total3.83.35.24.34.2%

Top Suppliers of Monophenols; Cresols and Their Salts to Luxembourg in 2022:

  1. Germany (88.0 kg)
  2. Belgium (22.0 kg)

Source: IndexBox Market Intelligence Platform

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