Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan (CIF) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $55,214 per ton, rising by 35% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 389% against the previous year. Over the period under review, average import prices attained the maximum 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 Turkey ($100,000 per ton), while the price for the UK ($15,727 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+72.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan
In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Azerbaijan contracted dramatically to 28 kg, waning by -49.1% against the year before. Over the period under review, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 686% against the previous year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses fell markedly to $1.5K in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 1,786%. As a result, imports reached the peak of $2.2K, and then contracted sharply in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 141 | 24.0 | 524 | 1,000 | 92.1% |
| Germany | 737 | 60.0 | 622 | 269 | -28.5% |
| United Kingdom | 210 | 5.0 | 136 | 173 | -6.3% |
| United States | 72.0 | 4.0 | 90.0 | 104 | 13.0% |
| Russia | 352 | 6.0 | 601 | N/A | 30.7% |
| Austria | 96.0 | 12.0 | 178 | N/A | 36.2% |
| India | 83.0 | 8.0 | 93.0 | N/A | 5.9% |
| Others | 237 | N/A | N/A | N/A | 0% |
| Total | 1,928 | 119 | 2,244 | 1,546 | -7.1% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Azerbaijan in 2022:
- United Kingdom (11.0 kg)
- Turkey (10.0 kg)
- United States (4.0 kg)
- Germany (3.0 kg)
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