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

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Germany (CIF) - 2023
  2. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Germany

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

In November 2023, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,464 per ton, increasing by 8.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $1,500 per ton; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,477 per ton), while the price for Austria ($1,389 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of monophenols; phenol (hydroxybenzene) and its saltses into Germany fell rapidly to 257K tons in 2022, shrinking by -31.8% against the year before. Overall, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of 376K tons, and then dropped sharply in the following year.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $411M in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 137% against the previous year. As a result, imports reached the peak of $470M, and then declined in the following year.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium14612031124418.7%
Netherlands9.612.540.247.870.8%
United States57.133.637.341.9-9.8%
France16.015.332.539.735.4%
Finland12.04.922.120.820.1%
Austria2.01.94.06.548.1%
Spain29.06.414.25.7-41.9%
Others3.23.88.14.29.5%
Total27519847041114.3%

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

  1. Belgium (152.4K tons)
  2. Netherlands (30.0K tons)
  3. United States (28.4K tons)
  4. France (27.0K tons)
  5. Finland (8.7K tons)
  6. Austria (4.1K tons)
  7. Spain (3.2K tons)

Source: IndexBox Market Intelligence Platform

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