Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia - 2023

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (CIF) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (CIF) - 2022

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $55,859 per ton in 2022, growing by 4.3% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the peak figure 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 the United States ($104,000 per ton), while the price for the Czech Republic ($12,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (FOB) - 2022

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $3,800 per ton in 2021, shrinking by -13.5% against the previous year. Overall, the export price faced a abrupt slump. The export price peaked at $61,000 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2021, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -20.2% per year.

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia

In 2022, approx. 305 kg of monophenols; phenol (hydroxybenzene) and its saltses were imported into Croatia; with an increase of 214% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $17K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 236%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.56.71.26.462.2%
United StatesN/A1.21.22.235.4%
Germany1.02.01.71.411.9%
Slovenia0.40.30.40.826.0%
Czech Republic0.11.00.50.458.7%
Austria0.40.10.20.2-20.6%
OthersN/AN/AN/A5.70%
Total3.411.45.217.071.0%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Croatia in 2022:

  1. Spain (218.0 kg)
  2. Czech Republic (29.0 kg)
  3. United States (21.0 kg)
  4. Slovenia (16.0 kg)
  5. Germany (14.0 kg)
  6. Austria (3.0 kg)

Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia

In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses exported from Croatia reduced dramatically to less than 0.1 kg, which is down by 99.9% on 2021 figures. Over the period under review, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, the exports attained the peak of 35 kg, and then shrank remarkably in the following year.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $199 in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Croatia (USD)
COUNTRY201920202021CAGR,
2019-2021
Bosnia and Herzegovina17785.0133-13.3%
AlbaniaN/A38.0N/A0%
OthersN/AN/AN/A0%
Total177123133-13.3%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Croatia in 2022:

  1. Bosnia and Herzegovina (35.0 kg)

Source: IndexBox Market Intelligence Platform

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