Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Germany - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Germany (CIF) - 2023
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 146 | 120 | 311 | 244 | 18.7% |
Netherlands | 9.6 | 12.5 | 40.2 | 47.8 | 70.8% |
United States | 57.1 | 33.6 | 37.3 | 41.9 | -9.8% |
France | 16.0 | 15.3 | 32.5 | 39.7 | 35.4% |
Finland | 12.0 | 4.9 | 22.1 | 20.8 | 20.1% |
Austria | 2.0 | 1.9 | 4.0 | 6.5 | 48.1% |
Spain | 29.0 | 6.4 | 14.2 | 5.7 | -41.9% |
Others | 3.2 | 3.8 | 8.1 | 4.2 | 9.5% |
Total | 275 | 198 | 470 | 411 | 14.3% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Germany in 2022:
- Belgium (152.4K tons)
- Netherlands (30.0K tons)
- United States (28.4K tons)
- France (27.0K tons)
- Finland (8.7K tons)
- Austria (4.1K tons)
- Spain (3.2K tons)
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