Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Colombia - 2022

Contents:

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

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $6,791 per ton, waning by -56.1% against the previous year. In general, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 107% against the previous year. The import price peaked at $15,469 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70,571 per ton), while the price for Mexico ($3,608 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $7,104 per ton in 2022, flattening at the previous year. In general, the export price, however, showed a perceptible increase. The growth pace was the most rapid in 2018 an increase of 162%. As a result, the export price reached the peak level of $23,445 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 ($27,655 per ton), while the average price for exports to Peru ($5,723 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 United States (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into Colombia declined notably to 23 tons, reducing by -31.5% on the previous year's figure. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, imports reached the peak of 33 tons, and then declined significantly in the following year.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves reduced remarkably to $153K in 2022. Overall, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports attained the peak of $509K, and then shrank rapidly in the following year.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States82.535.672.612113.6%
India17967.825817.0-54.4%
Mexico0.70.91.37.1116.5%
China13.143.035.43.4-36.2%
Japan10095.5127N/A12.7%
Others16.812.514.54.1-37.5%
Total393255509153-27.0%

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

  1. United States (19.3 tons)
  2. Mexico (2.0 tons)
  3. India (0.7 tons)
  4. China (0.4 tons)

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Colombia

In 2022, after two years of decline, there was significant decline in overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, when their volume decreased by -50% to 1.3 tons. Over the period under review, exports, however, continue to indicate a significant increase.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped dramatically to $9.5K in 2022. Overall, exports, however, recorded a significant increase.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru0.3N/A13.86.7181.6%
United States0.8N/A4.22.342.2%
Panama0.1N/A0.50.226.0%
Ecuador0.1N/A0.40.226.0%
OthersN/AN/AN/AN/A0%
Total1.4N/A18.99.589.3%

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Colombia in 2022:

  1. Peru (1179.0 kg)
  2. United States (84.0 kg)
  3. Panama (41.0 kg)
  4. Ecuador (28.0 kg)

Source: IndexBox Market Intelligence Platform

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