Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,441 per ton, surging by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,545 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,423 per ton), while the price for Brazil totaled $1,375 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.1%).
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,904 per ton, falling by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the average export price increased by 18%. The export price peaked at $2,015 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($1,948 per ton), while the average price for exports to Peru amounted to $1,838 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia
Imports of monophenols; phenol (hydroxybenzene) and its saltses into Colombia expanded slightly to 8.4K tons in 2022, growing by 3.3% compared with the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $12M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 4.3 | 8.6 | 11.3 | 29.5% |
| Brazil | 1.0 | 0.6 | 1.0 | 0.6 | -15.7% |
| Others | 0.1 | 0.2 | 0.5 | 0.2 | 26.0% |
| Total | 6.3 | 5.1 | 10.1 | 12.2 | 24.6% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Colombia in 2022:
- United States (7.9K tons)
- Brazil (0.5K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia
In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Colombia soared to 40 tons, increasing by 121% against 2021. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 175%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses surged to $76K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 225% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.4 | 4.2 | 10.8 | 46.7 | 388.7% |
| Peru | 1.8 | 5.4 | 8.3 | 29.0 | 152.6% |
| Venezuela | 4.3 | 11.9 | 17.2 | N/A | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.6 | 21.4 | 36.3 | 75.8 | 125.6% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Colombia in 2022:
- Ecuador (24.0 tons)
- Peru (15.8 tons)
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