Price for Monophenols; Naphthols and Their Salts in Belgium - 2023

Contents:

  1. Price for Monophenols; Naphthols and Their Salts in Belgium (CIF) - 2022
  2. Price for Monophenols; Naphthols and Their Salts in Belgium (FOB) - 2022
  3. Imports of Monophenols; Naphthols and Their Salts in Belgium
  4. Exports of Monophenols; Naphthols and Their Salts in Belgium

Price for Monophenols; Naphthols and Their Salts in Belgium (CIF) - 2022

The average import price for monophenols; naphthols and their saltses stood at $8,611 per ton in 2022, surging by 25% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 84% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($24,057 per ton), while the price for China ($8,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Naphthols and Their Salts in Belgium (FOB) - 2022

The average export price for monophenols; naphthols and their saltses stood at $15,476 per ton in 2022, with a decrease of -69.8% against the previous year. In general, the export price recorded a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of 231% against the previous year. As a result, the export price reached the peak level of $51,289 per ton, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($145,746 per ton), while the average price for exports to Italy ($8,594 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 the UK (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Naphthols and Their Salts in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas purchases of monophenols; naphthols and their saltses, which increased by 23% to 82 tons in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 210% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, monophenols; naphthols and their salts imports soared to $706K in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 193% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Monophenols; Naphthols and Their Salts in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57.7287425657125.0%
India15.514.31.71.2-57.4%
Others55.877.734.547.7-5.1%
Total12937946170676.2%

Top Suppliers of Monophenols; Naphthols and Their Salts to Belgium in 2022:

  1. China (80.2 tons)
  2. India (0.1 tons)

Exports of Monophenols; Naphthols and Their Salts in Belgium

In 2022, the amount of monophenols; naphthols and their saltses exported from Belgium soared to 7.5 tons, jumping by 440% compared with the year before. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, monophenols; naphthols and their salts exports skyrocketed to $117K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Naphthols and Their Salts in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy25.024.92.354.229.4%
Germany12.516.324.414.85.8%
France9.47.311.012.29.1%
Poland2.93.25.47.034.1%
Others31.430.428.628.5-3.2%
Total81.282.171.711712.9%

Top Export Markets for Monophenols; Naphthols and Their Salts from Belgium in 2022:

  1. Italy (6.3 tons)
  2. France (0.3 tons)
  3. Germany (0.2 tons)
  4. Poland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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