Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $2,230 per ton, flattening at the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; phenol (hydroxybenzene) and its saltses increased by +47.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 47%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,171 per ton), while the price for the United States amounted to $1,903 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,000 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a mild slump. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked at $2,281 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses imported into Ecuador skyrocketed to 137 tons, jumping by 32% compared with the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% 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 +66.0% against 2020 indices. 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 skyrocketed to $306K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 80.9 | 46.1 | 60.7 | 208 | 37.0% |
| United States | 15.6 | 29.7 | 78.2 | 76.2 | 69.7% |
| Colombia | 4.6 | 9.3 | 24.5 | N/A | 130.8% |
| Netherlands | 44.8 | 29.5 | 49.7 | N/A | 5.3% |
| Others | 24.4 | 10.9 | 18.3 | 21.8 | -3.7% |
| Total | 170 | 126 | 231 | 306 | 21.6% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Ecuador in 2022:
- Brazil (96.0 tons)
- United States (40.0 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador
In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Ecuador stood at 2 kg, remaining stable against 2021 figures. Overall, exports continue to indicate a precipitous setback. The smallest decline of 99.9% was in 2021.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses stood at $4 in 2022. In general, exports saw a sharp slump. The smallest decline of 99.9% was in 2021.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Colombia | 15.5 | N/A | N/A | 0% | |
| Panama | N/A | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 15.5 | N/A | N/A | 0% | |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Ecuador in 2022:
- Panama (2.0 kg)
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