Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Belgium - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (FOB) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (CIF) - 2022
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $6,432 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the export price enjoyed notable growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 129%. As a result, the export price reached the peak level of $8,074 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($20,746 per ton), while the average price for exports to Italy ($5,377 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 the Czech Republic (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $4,378 per ton, rising by 5.4% against the previous year. In general, the import price, however, showed a mild shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $7,109 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 China ($13,183 per ton), while the price for the United States ($3,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium
In 2022, after three years of growth, there was decline in overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, when their volume decreased by -3% to 2.7K tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $18M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.7 | 4.3 | 8.7 | 9.8 | 53.7% |
| Germany | 0.3 | 1.4 | 2.2 | 2.3 | 97.2% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.6 | 0% |
| Netherlands | N/A | 1.5 | 1.7 | 1.5 | 0.0% |
| Czech Republic | N/A | 0.1 | 0.5 | 0.4 | 100.0% |
| Switzerland | 1.4 | 0.1 | 0.1 | 0.4 | -34.1% |
| Poland | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
| Others | 2.7 | 1.6 | 1.3 | 1.3 | -21.6% |
| Total | 7.3 | 9.1 | 14.7 | 17.6 | 34.1% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Belgium in 2022:
- Italy (1830.5 tons)
- Germany (355.7 tons)
- Netherlands (220.8 tons)
- Taiwan (Chinese) (75.8 tons)
- Czech Republic (47.2 tons)
- Poland (47.1 tons)
- Switzerland (42.4 tons)
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium
For the fourth consecutive year, Belgium recorded growth in supplies from abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which increased by 33% to 3.6K tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 66%. Over the period under review, imports of attained the peak figure 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 surged to $16M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 80% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.3 | 3.7 | 6.1 | 350.9% |
| Jordan | 3.2 | 3.5 | 1.8 | 5.1 | 16.8% |
| Israel | N/A | 2.7 | 3.3 | 2.0 | -13.9% |
| Germany | 0.9 | 1.2 | 0.6 | 0.9 | 0.0% |
| United Kingdom | N/A | N/A | 0.5 | 0.7 | 40.0% |
| Others | 1.1 | 1.7 | 1.4 | 0.9 | -6.5% |
| Total | 5.3 | 9.5 | 11.3 | 15.8 | 43.9% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Belgium in 2022:
- United States (1814.6 tons)
- Jordan (1153.5 tons)
- Israel (325.7 tons)
- United Kingdom (137.2 tons)
- Germany (100.4 tons)
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