Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $116,210 per ton in 2022, rising by 83% against the previous year. Over the period under review, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($182,776 per ton), while the price for the United States ($22,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+46.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria
In 2022, approx. 9.3 tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were imported into Algeria; leveling off at the previous year. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $1.1M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 129% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 22.9 | 47.4 | 332 | 831 | 231.1% |
| China | 111 | 150 | 123 | 101 | -3.1% |
| Italy | 16.0 | 39.6 | 59.5 | 74.4 | 66.9% |
| Belgium | 39.5 | 7.8 | 61.0 | 56.3 | 12.5% |
| United States | 1.4 | 2.1 | 4.5 | 4.5 | 47.6% |
| Others | 8.0 | 9.4 | 7.8 | 9.2 | 4.8% |
| Total | 199 | 257 | 588 | 1,077 | 75.6% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Algeria in 2022:
- India (5.1 tons)
- China (2.3 tons)
- Italy (1.2 tons)
- Belgium (0.3 tons)
- United States (0.2 tons)
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