Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy - 2023

Contents:

  1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (CIF) - 2023
  2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (FOB) - 2022
  3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy
  4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (CIF) - 2023

The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $3,301 per ton in August 2023, increasing by 10% against the previous month. Over the period under review, the import price enjoyed a noticeable expansion. The growth pace was the most rapid in January 2023 when the average import price increased by 105% m-o-m. As a result, import price reached the peak level of $7,132 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +5.5% per month.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (FOB) - 2022

The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $20,295 per ton in 2022, jumping by 4,741% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached 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 Iran ($21,090 per ton), while the average price for exports to Spain amounted to $4,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy

In 2022, overseas purchases of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by 11% to 335 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable setback.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $1M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4324976144652.5%
Poland410310191329-7.1%
United StatesN/A1.8N/A2411057.1%
Netherlands36.135.938.53.8-52.8%
United Kingdom12790.432.4N/A-49.5%
Others1.25.3N/A8.289.8%
Total1,0059418761,0471.4%

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Italy in 2022:

  1. Germany (145.4 tons)
  2. United States (100.0 tons)
  3. Poland (85.8 tons)
  4. Netherlands (2.0 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy

In 2022, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves from Italy fell markedly to 105 kg, shrinking by -99.3% compared with the year before. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 774% against the previous year.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves contracted notably to $2.1K in 2022. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 2% against the previous year.

Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A2.10%
SpainN/AN/A0.1N/A0%
United States89.9N/AN/AN/A0%
India2.8N/A6.6N/A53.5%
Portugal31.1N/AN/AN/A0%
BrazilN/A6.5N/AN/A0%
OthersN/A0.1N/AN/A0%
Total1246.66.72.1-74.3%

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Italy in 2022:

  1. Iran (100.0 kg)
  2. Spain (5.0 kg)

Source: IndexBox Market Intelligence Platform

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