Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Azerbaijan - 2023

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Azerbaijan (CIF) - 2022
  2. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Azerbaijan

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Azerbaijan (CIF) - 2022

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $26,692 per ton in 2022, reducing by -82.9% against the previous year. Over the period under review, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 1,196%. The import price peaked at $167,533 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Austria ($224,000 per ton), while the price for Germany ($8,000 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 (+68.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Azerbaijan

After two years of decline, supplies from abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by 63% to 13 kg in 2022. Over the period under review, imports, however, recorded a sharp curtailment.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves reduced sharply to $347 in 2022. In general, imports, however, saw a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 23%.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.0N/A2.0224382.0%
GermanyN/A1.0N/A80.0794.4%
India2.01.01.031.0149.3%
United States1.0N/AN/A12.0128.9%
Russia14.03.0N/AN/A-78.6%
ChinaN/A1.01.0N/A0.0%
United Arab Emirates3,2691,0111,244N/A-38.3%
BrazilN/A1.01.0N/A0.0%
OthersN/AN/AN/AN/A0%
Total3,2881,0181,249347-52.7%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Azerbaijan in 2022:

  1. Germany (10.0 kg)
  2. United States (1.0 kg)
  3. India (1.0 kg)
  4. Austria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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