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

Contents:

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

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

In 2022, the average import price for monophenols; naphthols and their saltses amounted to $7,634 per ton, with an increase of 18% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 62% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($8,119 per ton), while the price for the Netherlands ($3,895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for monophenols; naphthols and their saltses stood at $23,984 per ton in 2022, jumping by 33% against the previous year. In general, the export price showed prominent growth. The growth pace was the most rapid in 2013 an increase of 310%. Over the period under review, the average export prices attained the maximum at $45,090 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($187,296 per ton), while the average price for exports to Germany ($4,856 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 United Arab Emirates (+82.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Naphthols and Their Salts in Italy

In 2022, imports of monophenols; naphthols and their saltses into Italy expanded slightly to 243 tons, increasing by 1.9% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, imports attained the peak of 254 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, monophenols; naphthols and their salts imports soared to $1.9M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Monophenols; Naphthols and Their Salts in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8455979751,1169.7%
China45181254268414.9%
Netherlands40.066.221.248.46.6%
Others4.410.83.77.217.8%
Total1,3401,4861,5421,85611.5%

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

  1. India (137.5 tons)
  2. China (93.1 tons)
  3. Netherlands (12.4 tons)

Exports of Monophenols; Naphthols and Their Salts in Italy

For the third year in a row, Italy recorded decline in overseas shipments of monophenols; naphthols and their saltses, which decreased by -26.7% to 13 tons in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -2.2% was in 2021.

In value terms, monophenols; naphthols and their salts exports dropped to $319K in 2022. In general, exports faced a precipitous contraction.

Export of Monophenols; Naphthols and Their Salts in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico89531570.9133-47.0%
Switzerland3872.2183121-32.1%
Spain57.580.339.426.1-23.1%
United States20629.25.724.0-51.2%
South Korea56.723.616.011.2-41.8%
Germany0.924.82.23.049.4%
Others2088.411.20.8-84.3%
Total1,811483328319-43.9%

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

  1. Switzerland (7.0 tons)
  2. Spain (4.5 tons)
  3. Mexico (0.7 tons)
  4. Germany (0.6 tons)
  5. United States (0.4 tons)
  6. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

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