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

Contents:

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

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

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,690 per ton in 2022, picking up by 1.5% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 81% against the previous year. Over the period under review, average import prices hit record highs at $1,957 per ton in 2012; however, from 2013 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 countries with the highest prices were Turkey ($1,842 per ton) and Germany ($1,757 per ton), while the price for Bulgaria ($1,504 per ton) and France ($1,546 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $64,882 per ton in 2021, surging by 9% against the previous year. Overall, the export price showed mild growth. The pace of growth appeared the most rapid in 2018 an increase of 23,859% against the previous year. As a result, the export price reached the peak level of $9,504 per kg. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($68,200 per ton), while the average price for exports to Slovenia amounted to $40,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-45.5%).

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

In 2022, after three years of growth, there was significant decline in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -7.5% to 1.4K tons. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 1.6K tons, and then declined in the following year.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $2.4M in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 115%. As a result, imports reached the peak of $2.6M, and then declined in the following year.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6666911,0541,13919.6%
Turkey6374541,2331,12320.8%
Germany12627.313578.0-14.8%
Bulgaria29.833.763.251.920.3%
Others36.40.611146.58.5%
Total1,4951,2072,5962,43817.7%

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

  1. France (736.6 tons)
  2. Turkey (609.5 tons)
  3. Germany (44.4 tons)
  4. Bulgaria (34.5 tons)

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

In 2021, exports of monophenols; phenol (hydroxybenzene) and its saltses from Greece soared to 17 kg, picking up by 325% compared with the year before. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $1.1K in 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Greece (USD)
COUNTRY20202021CAGR,
2020-2021
SpainN/A1,0230%
Slovenia22080.0-63.6%
Latvia18.0N/A0%
OthersN/AN/A0%
Total2381,103363.4%

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

  1. Spain (15.0 kg)
  2. Slovenia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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