Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland - 2024

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland (CIF) - 2024
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland (CIF) - 2024

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,216 per ton in January 2024, waning by -2% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 14% m-o-m. The import price peaked at $1,558 per ton in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Spain ($1,364 per ton), while the price for Germany ($1,204 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $7,519 per ton in 2022, approximately reflecting the previous year. In general, the export price enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 46%. The export price peaked at $8,101 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,426 per ton), while the average price for exports to South Korea ($2,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 35K tons of monophenols; phenol (hydroxybenzene) and its saltses were imported into Switzerland; with a decrease of -18.6% compared with 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of 43K tons, and then reduced rapidly in the following year.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses fell slightly to $58M in 2022. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2021 when imports increased by 94%. As a result, imports reached the peak of $59M, and then contracted slightly in the following year.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France33.227.951.944.910.6%
Germany1.52.26.211.194.9%
SpainN/AN/A0.30.9200.0%
Others0.40.51.01.035.7%
Total35.130.659.357.918.2%

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

  1. France (28.2K tons)
  2. Germany (5.8K tons)
  3. Spain (0.6K tons)

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

In 2022, approx. 29 tons of monophenols; phenol (hydroxybenzene) and its saltses were exported from Switzerland; shrinking by -27.2% compared with the previous year's figure. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 52%.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses declined dramatically to $216K in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 68%.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17194.970.585.9-20.5%
United States43.841.460.968.115.8%
France14817.778.132.1-39.9%
South Korea7.99.113.89.97.8%
Estonia0.6N/AN/AN/A0%
Others11.012.672.320.022.1%
Total382176296216-17.3%

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

  1. Germany (14.0 tons)
  2. France (7.5 tons)
  3. South Korea (3.5 tons)
  4. United States (3.2 tons)

Source: IndexBox Market Intelligence Platform

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