Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $43,556 per ton in 2022, picking up by 34% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70,939 per ton), while the price for Belgium ($26,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $66,411 per ton, approximately equating the previous year. Over the period under review, the export price posted a significant increase. The pace of growth appeared the most rapid in 2017 an increase of 66% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Belarus.
From 2013 to 2022, the rate of growth in terms of prices for Belarus amounted to +51.5% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania
For the fourth year in a row, Lithuania recorded growth in overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses, which increased by 31% to 1.6 tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2019 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 $68K in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.4 | 9.0 | 10.9 | 40.5 | 30.1% |
| Belgium | N/A | 4.9 | 14.3 | 13.5 | 66.0% |
| Austria | 7.0 | 14.6 | 11.2 | 11.4 | 17.7% |
| United Kingdom | N/A | N/A | 2.0 | 2.3 | 15.0% |
| Poland | 0.5 | 0.6 | N/A | 0.2 | -26.3% |
| Others | 1.9 | 0.2 | 0.4 | N/A | -54.1% |
| Total | 27.8 | 29.2 | 38.7 | 67.9 | 34.7% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Lithuania in 2022:
- Germany (571.0 kg)
- Belgium (518.0 kg)
- Austria (419.0 kg)
- United Kingdom (38.0 kg)
- Poland (14.0 kg)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania
In 2022, after two years of decline, there was decline in shipments abroad of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by 0% to 453 kg. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses totaled $30K in 2022. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.1 | N/A | N/A | 30.0 | 569.4% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.1 | N/A | N/A | 30.1 | 570.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Lithuania in 2022:
- Belarus (452.0 kg)
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