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

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Iraq (CIF) - 2022
  2. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Iraq

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

In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $4,500 per ton, picking up by 9.5% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. Over the period under review, average import prices hit record highs at $14,267 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($21,000 per ton), while the price for Turkey ($2,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Iraq skyrocketed to 14 kg, jumping by 56% compared with 2021 figures. Overall, imports, however, saw a abrupt contraction.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $63 in 2022. Over the period under review, imports, however, continue to indicate a dramatic downturn.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.07.017.031.0214.1%
Belgium2.05.012.021.0119.0%
India5.04.08.011.030.1%
United KingdomN/A68.0N/AN/A0%
United Arab Emirates128N/AN/AN/A0%
Others2.05.0N/AN/A150.0%
Total13889.037.063.0-23.0%

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

  1. Turkey (12.0 kg)
  2. Belgium (1.0 kg)
  3. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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